The (GBPUSD) price extended its cautious gains in its last trading, attempting to recover some of its previous losses, this rise comes amid the continuation of the bearish correctional trend on the short-term basis, and its trading alongside a bearish bias line, indicating the continuation of the negative technical pressures on the price move.

On the other hand, the pair remains trading below EMA50, reinforcing the negative overview, especially with the (RSI) reach to exaggerate overbought levels compared to the price current move, this sign indicates the possibility of forming negative divergence, which might intensify the possibilities of a downside rebound in its upcoming trading.