Technical Analysis – GBPNOK still neutral in medium-term, despite recovery

GBPNOK’s bulls aggressively came on board, after the price fell to a new multi month low of 10.54 on July 30. They pushed the price above previous lows and into the Ichimoku cloud, before losing steam just below the 100-day simple moving average (SMA). The momentum indicators although in the positive territory, still concur with […]