GBPUSD is struggling to build on the momentum a close above 1.2735 should have created. Being rejected a few cents below 1.28 GBPUSD uptrend seems tired and could be exhausting. The RSI divergence is indicating just that. Sliding back to test the lower rising trendline seems likely. A break below and GBPUSD could test the key support at around 1.2506 However, the 200 and the 55 Daily Moving Averages are not agreeing with RSI divergence. The two Moving Averages are rising indicating underlying bullish mode. GBPUSD is in fact in a bit of a limbo If buyers can lift GBPUSD back above 1.28 the uptrend will be back and the ... (full story)