GBPUSD is retreating somewhat after the pullback off the 33-month high of 1.3745 in the preceding week. Currently, the pair is flirting with the 20-day simple moving average, remaining well above the long-term uptrend line, which has been holding since May 2020. Technically, the RSI indicator is pointing slightly lower in the positive territory as well as the stochastic oscillator, which posted a bearish crossover within the %K and %D lines below the overbought zone. However, the red Tenkan-sen line [..]
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