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GBPUSD price is testing main bearish trend line- Analysis-25-11-2025
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GBPUSD price is testing main bearish trend line- Analysis-25-11-2025
Nov 24, 2025 8:23 PM

The (GBPUSD) price settled near yesterdays highest price, supported by the emergence of the positive signals on the relative strength indicators, after offloading some of its overbought levels, testing main bearish trend line on the short-term basis, accompanied by hitting the resistance of its EMA50, affected by negative technical formation that formed previously on the short-term basis, which is represented by the rising wedge pattern, reinforcing the chances for the selling pressures return in the upcoming period.

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