GBPUSD Enters Ichimoku Cloud after Claiming 50-SMA

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<p>GBPUSD breaks out of triangle but 200-day SMA curbs advance Despite a mild pullback, the bulls conquer the 50-day SMA Oscillators suggest that positive momentum is picking up GBPUSD had been forming a profound structure of lower highs and lower lows since its 16-month peak of 1.3141. Although the pair’s latest attempt to recoup some losses got [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527324-gbpusd-enters-ichimoku-cloud-after-claiming-50-sma/">GBPUSD Enters Ichimoku Cloud after Claiming 50-SMA</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>