GBPUSD Gains Some Confidence for New Higher High

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<p>GBPUSD returns above key support trendline, reduces negative risks Technical signals are encouraging for a continuation to 1.2850-1.2900 GBPUSD stepped on the 20-day simple moving average (SMA) and climbed back above the broken short-term support trendline from October at 1.2720, reviving hopes that the soft four-day bullish wave could gain extra legs in the coming sessions. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534532-gbpusd-gains-some-confidence-for-new-higher-high/">GBPUSD Gains Some Confidence for New Higher High</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>