Technical Analysis – GBPNOK consolidates to test an uptrend line

GBPNOK moves sideways as downside pressure from sellers denies gains above the recent peak of 11.34. The consolidation in price has found support at the uptrend line drawn from the twenty-one-month low of 10.54. The short-term oscillators reflect a stall in momentum but lean more to the positive picture. The MACD looks to move back […]