GBPUSD Attempts to Recoup Some Losses

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-gbp42.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>GBPUSD maintains weak bias in near term Falls from 4-month high MACD and RSI suggest horizontal move GBPUSD climbed to a new four-month high in the previous week, but it reversed lower again, falling beneath the 61.8% Fibonacci retracement level of the down leg from 1.3140 to 1.2035 at 1.2720. The next major support level […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532415-gbpusd-attempts-to-recoup-some-losses/">GBPUSD Attempts to Recoup Some Losses</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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