Home / GBP / GBP/USD technical analysis: Pulls back from 4H 200MA, 8-week old resistance-line, RSI overbought

GBP/USD technical analysis: Pulls back from 4H 200MA, 8-week old resistance-line, RSI overbought

GBP/USD fails to cross near-term key resistance-confluence amid overbought RSI. 23.6% of Fibonacci retracement acts as immediate support. With the 4H 200MA and a falling trend-line since June 25 …