 GBPUSD has been marching higher since September when the pair recorded an all-time low of 1.0324. However, in the short-term, the price appears to be stuck in a tight range around the 200-day simple moving average SMA, with the narrowing Bollinger bands reinforcing the case of a potential impending spike. The short-term oscillators currently suggest that ... The post GBPUSD Pinned Down Near 200-day SMA appeared first on Action Forex... 