GBPUSD is trading around the upward sloping 200-period simple moving average (SMA) after the bounce off the 1.2818 support, which is the 23.6% Fibonacci retracement of the up leg from 1.2194 to 1.3011. The pair still looks undecided, having held in a sideways market from 1.3011 to 1.2768 for around a month. The short-term oscillators […]