The (GBPUSD) price rose in its last intraday trading, taking advantage of its stability above its EMA50, which provided dynamic support that assisted it to achieve its last gains, with the continuation of its trading alongside a minor bullish bias on the short-term basis.
The (RSI) reinforces the bullish trend, after the appearance of clear positive signals due to surpassing oversold levels, showing the improvement of the bullish momentum, and supports the possibility for the continuation of the rise in its upcoming moves.