Technical Analysis – GBPUSD sees strengthening bullish momentum in near-term
GBPUSD is edging sharply higher since last Wednesday, adding around 1% relative to Tuesday’s close and being well on track to post its fourth green day in a row. The price is still trading comfortably above the ascending trend line, which is roughly holding since March and is currently approaching the next immediate resistance level at 1.3550. The current risk is to the upside and the price […]