The GBPUSD declined in its last intraday trading, to gather the gains of its previous rise, attempting to gain positive momentum, by offloading some of its clear overbought conditions on the (RSI), besides the negative signals that appear at this moment.
Amid the dominance of the main bullish trend and the trading alongside minor trendline on the short -term basis, which strengthens this trend, especially with the continuation of the positive support from moving above EMA50.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Join Economies.com VIP Club