 GBPUSD returned back above the medium-term uptrend line after the fall below the 23.6 Fibonacci retracement level of the upward wave from 1.0325 to 1.2450 at 1.2050. Currently, the price is losing some momentum, confirmed by the technical oscillators. The MACD is moving sideways near the zero level, while the RSI is sloping down near ... The post GBPUSD Holds Bullish Bias But Momentum Weak appeared first on Action Forex... 