GBPCAD Drifts, Stalled Within a Sideways Market

<p>GBPCAD found some traction at the 200-period simple moving average (SMA) of 1.7378 following a drop from the 1.7703 level. The price is still within the confines of a short-term trading range since April 8, something also endorsed by the somewhat flat and converged SMAs. The short-term oscillators display a paused picture of dried up […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/292997-gbpcad-drifts-stalled-within-a-sideways-market/">GBPCAD Drifts, Stalled Within a Sideways Market</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>