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GBPUSD price shows more negative signs - Analysis- 01-04-2026
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GBPUSD price shows more negative signs - Analysis- 01-04-2026
Mar 31, 2026 9:46 PM

The GBPUSD pair witnessed fluctuated trading on its recent intraday levels, after retesing 1,3260 key resistance, to rebounce lower amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on near-term basis, especially with the dominance of the main bearish trend on short-term basis, beside the formation of negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there.

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