GBPUSD Consolidates Near October Lows

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<p>GBPUSD stuck in a range after steep decline pauses Creates a pennant pattern, hinting at potential breakout Oscillators suggest that positive momentum is slowly picking up GBPUSD had been forming a profound structure of lower highs and lower lows since its 18-month peak of 1.3141. Although the pair managed to find its feet at the seven-month [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525381-gbpusd-consolidates-near-october-lows/">GBPUSD Consolidates Near October Lows</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>