Posts Tagged ‘08.04’
GBP/USD Classical 08.04
Author: Germina Lake
GBP/USD Classical 08.04
GBP/USD: Gains have been quite impressive over the past few sessions with the market taking out key resistance by the 200-Day SMA and closing above the longer-term SMA. This is the first time the market is above the 200-Day since January and could potentially warn of a major shift in the structure. However, daily studies are starting to look rather stretched and although there are no signs of a …
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