GBPUSD Regains Some Footing above $1.25 after Nosedive

[PocketOption]

GBPUSD Regains Some Footing above $1.25 after Nosedive

GBPUSD has steadied around 1.2550 and is attempting a rebound after plunging to a 22-month low of 1.2410 on Thursday. The RSI has reversed higher but has yet to exit the oversold zone, while the MACD histogram remains deep in negative territory below its red signal line, underlining the ongoing bearish risks in the near […]

The post GBPUSD Regains Some Footing above $1.25 after Nosedive appeared first on Action Forex.

Source: GBPUSD Regains Some Footing above $1.25 after Nosedive