After two consecutive days of fall, the British Pound was heading higher on Monday (October 28, 2019) against the US dollar. As at the time of writing (October 28, 2019, at 06:46 AM GMT), currency pair GBP/USA was quoting 0.03% higher at 1.2825. Despite two consecutive days of negative close, British Pound was technically moving in the positive territory, as Moving Average Convergence Divergence Line was hovering above the 9-day Exponential Moving Average, and 12-day Exponential Moving Average was quoting well above the 26-day Exponential Moving Average, both positive indicators.Â

 

   
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