GBPUSD Slides But Remains Stuck in Rangebound Pattern

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<p>GBPUSD experiences losses in the past couple of sessions But its short-term sideways structure holds Momentum indicators turn slightly negative GBPUSD had been trending higher within an upward sloping channel, posting a fresh four-month peak of 1.2826 in late December. Nevertheless, the rally seems to have taken a breather, with the price trading without a clear […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/535497-gbpusd-slides-but-remains-stuck-in-rangebound-pattern/">GBPUSD Slides But Remains Stuck in Rangebound Pattern</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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