Tuesday, February 25, 2020
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Technical Analysis – GBP/USD violates March downtrend

GBP/USD violates March downtrend; cautiously bullish in the short-term. GBP/USD traders turned indecisive following last week’s impressive rally that drove the price slightly above the 1.2700 level and just below the 200-day simple moving average (SMA). The short-term momentum indicators suggest a cautiously bullish bias as the RSI and the Stochastics maintain an upward

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