financetom
Technology
financetom
/
Technology
/
The GBPUSD attempts to offload its overbought condition -Analysis-03-06-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The GBPUSD attempts to offload its overbought condition -Analysis-03-06-2025
Jun 2, 2025 10:49 PM

The (GBPUSD) price declined in its last intraday trading, attempting to gain a positive momentum that might assist it to recover and rise again, and it attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals.

This comes with the continuation of the dynamic support that is represented by the trading of the pair above its EMA50, and under the full dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved