EURGBP appears to be finding some footing on the mid-Bollinger band since May 12. Further helping the move up are the recent bullish crossovers of the 200-period simple moving average (SMA) by the gradually rising 50- and 100-period ones. Taking a glimpse at the short-term oscillators, they reflect a pause in the positive picture. The RSI is turning up above its neutral mark while the MACD, in the positive region, has slipped below its red signal line. That said, the [..]
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