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The GBPUSD is attempting to recover some of its losses -Analysis-16-07-2025
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The GBPUSD is attempting to recover some of its losses -Analysis-16-07-2025
Jul 15, 2025 11:47 PM

The (GBPUSD) price rose in its last trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals.

This rise comes amid the continuation of the negative pressure that comes from its trading below EMA50, the trading alongside bearish correctional trend line intensifies the negative pressure on the short-term basis and indicates the dominance of the selling powers on the pair.

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