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GBPUSD attempts to gain positive momentum -Analysis-30-04-2025
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GBPUSD attempts to gain positive momentum -Analysis-30-04-2025
May 25, 2025 7:29 PM

The (GBPUSD) price witnessed calm downside moves in its last trading on the intraday levels, affected by the stability of the critical resistance at 1.3420, and the main overview remains prefer the positivity, especially with the stability of the price above EMA50, which reinforces the chances for a bullish rebound any moment, to attempt to gain positive momentum that might assist it to breach this resistance.

The continuation of the trading alongside a bullish bias line on the short-term basis, besides the emergence of the positive signals on the (RSI), suggesting a potential regain for the positive momentum, which increases the possibilities from breaching the mentioned resistance.

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