The (GBPUSD) price settles downside during its last intraday trading, amid the dominance of the main bearish trend on the short-term basis with its trading alongside trendline that confirms the extension of this negative track, accompanied by the continuation of the technical pressure due to its trading below EMA50, reducing the possibilities of sustainable recovery currently.

Noticing the emergence of the negative signals on the relative strength indicators, which supports the negative overview and increases the possibilities for extending the range of the losses on the near-term basis, unless the price success in recovering main resistance levels that return the bullish momentum again.

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