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The GBPUSD continues the decline -Analysis-23-06-2025
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The GBPUSD continues the decline -Analysis-23-06-2025
Jun 22, 2025 9:13 PM

The (GBPUSD) price kept declining in its last intraday trading, after reaching the resistance of its EMA50 previously, which forced it to surrender to the surrounded negative pressures, first: its affection by breaking a bullish trend line on the short-term basis, with the emergence of the negative signals on the (RSI), to break the current support of 1.3440, which represents 382% Fibonacci correction level for the last bullish wave from (1.3138 to 1.3632), and that puts it under negative pressures.

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