FX:GBPUSD British Pound/U.S. Dollar
The GBPUSD gained slight ground today after paring all early-session losses and forming a tailed bar, showing rejection of the 8 / 21MA. We could see price push higher from today’s bar and the uptrend resume. If not, and price rotates lower, we will continue watching for another buy signal from a deeper to rejoin the uptrend.