 GBPUSD has been moving sideways over the last few sessions, remaining above the 200-day simple moving average SMA but the momentum is weak for now. The pair is still holding in an ascending tendency after the bounce off the record low of 1.0325; however, the technical oscillators are suggesting a bearish correction may be on ... The post GBPUSD Flirts With 20- and 200-day SMAs; Weak Momentum appeared first on Action Forex... 