GBPUSD has managed to settle above the 200-day simple moving average (SMA) around 1.3815 after a bounce within the support base of 1.3564-1.3621. The 100- and 200-day SMAs are endorsing the recently adopted neutral phase in the pair, while the negative bearing of the 50-day SMA has also eased. The unclear Ichimoku lines are not confirming any price direction, while the short-term oscillators are providing mixed signals in directional momentum. The MACD is above its red trigger line and is flirting with the zero line, while the RSI is showing signs that positive momentum is starting to pick up again. That said, the ... (full story)