GBPUSD Creates Ascending Triangle In Near-Term, Slightly Bullish

<p>GBPUSD is in the process to creating an ascending triangle pattern with strong resistance the 1.2640 barrier and a rising trend line, which starts from the low on April 7. The pair rebounded on 1.2265 in the preceding sessions and is now flirting with the 20-period simple moving average (SMA) in the 4-hour chart. Turning […]</p>
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