GBPUSD Turns Higher From 2-Month Low

<p>GBPUSD has been in ascending mode after the rebound on the two-month low of 1.2075, challenging the 1.2360 resistance level in the 4-hour chart. The technical indicators are currently proposing that the buying interest may continue as the 20- and 40-day simple moving averages (SMAs) are following, the price action and posted a bullish crossover [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/299125-gbpusd-turns-higher-from-2-month-low/">GBPUSD Turns Higher From 2-Month Low</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>