-
GBPUSD Pulls Back After Testing 50-day SMA
Source: Buzz FX / 08 May 2024 05:30:22 America/New_York
- GBPUSD reverses lower after 50-day SMA curbs advance
- Violates both the 200-day SMA and descending trendline
- Momentum indicators are neutral-to-negative
GBPUSD had been in a recovery mode following its bounce off the five-month bottom
Read more...