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The GBPUSD settles above critical support -Analysis-02-06-2025
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The GBPUSD settles above critical support -Analysis-02-06-2025
Jun 1, 2025 10:47 PM

The (GBPUSD) price settled high in its last intraday trading, with the stability of the critical support at 1.3440, which provided some positive momentum , accompanied with the beginning of the positive signals on the (RSI), after reaching oversold levels, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, which makes the price attempt to get rid of the negative pressure of the EMA50, to reinforce the positive scenario.

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