GBPAUD buyers rallied the pair above the 200-day SMA and nearby swing peaks, after an aggressive bounce off the 50- and 100-day simple moving averages (SMAs), located just above the uptrend line. The bulls are attempting to plot more gains, something also backed by the rising Tenkan-sen and Kijun-sen lines. The short-term oscillators also concur with the positive view. The MACD has moved above its red trigger line and deep into positive regions, while the RSI has claimed the 70-level [..]
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