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GBPUSD breaches main bearish trendline- Analysis-16-10-2025
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GBPUSD breaches main bearish trendline- Analysis-16-10-2025
Oct 15, 2025 9:24 PM

The (GBPUSD) price surged high in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, after offloading its overbought conditions in its previous session, to breach main bullish trendline on the short-term basis, accompanied by surpassing the resistance of its EMA50, getting rid of its negative pressure all at once, to reinforce the extension of its gains on the near-term basis.

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