GBPUSD Pulls Back from 15-month Peak; Bullish Structure Holds

<p>GBPUSD has been in a prolonged uptrend since October 2022 supported by its long-term ascending trendline. Last Friday, the pair stormed to a fresh 15-month high of 1.3141 before paring some gains, but it is still too early to call this a downside correction. However, the momentum indicators are holding well within their overbought territories, hinting that [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/510424-gbpusd-pulls-back-from-15-month-peak-bullish-structure-holds/">GBPUSD Pulls Back from 15-month Peak; Bullish Structure Holds</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>