Category: Forex News, News
USD/CAD price moves within descending price channel – Forecast today
The GBP/USDpair rose in intraday trading and pierced the resistance of $1.2985, buoyed by trading within a secondary price channel, and under the dominance of the main upward trend, with positive signals from the Stochastic after the pair vented off overbought saturation that was apparent previously, with ongoing positive support due to trading above the 50-candle SMA.
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