GBPUSD Holds Within Sideways Channel above Short-term SMAs

<p>GBPUSD has been developing within a trading range with upper boundary the 1.3640 resistance and lower boundary the 1.3485 support level over the last three weeks. The price tested the 1.3640 barrier several times as well as the upper Bollinger band with the technical indicators confirming a weak bias. The RSI indicator is moving sideways above the […]</p>
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