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The GBPUSD rises slightly with the stability of critical support -Analysis-18-06-2025
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The GBPUSD rises slightly with the stability of critical support -Analysis-18-06-2025
Jun 17, 2025 9:07 PM

The (GBPUSD) price rose in its last intraday trading, affected by the stability of the critical and support level at 1.3410, providing positive momentum that assisted the pair to achieve these gains, and attempts to recover some of its previous losses and attempts to offload some of its clear oversold condition on the (RSI), especially with the beginning of positive overlapping signals appearance.

The price affected by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, showing that the pairs rise is temporary before resuming the losses again.

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