GBPUSD Begins 2024 in a Muted Tone

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<p>GBPUSD pares some gains after posting a 4-month peak But remains within its upward sloping channel Positive bias holds as momentum indicators are skewed to the upside GBPUSD had been forming a profound structure of higher highs following its break above a crucial descending trendline in early November. Although the pair’s rally has temporarily paused at the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533528-gbpusd-begins-2024-in-a-muted-tone/">GBPUSD Begins 2024 in a Muted Tone</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>