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The GBPUSD surrenders to the negative pressures -Analysis-17-07-2025
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The GBPUSD surrenders to the negative pressures -Analysis-17-07-2025
Jul 16, 2025 9:48 PM

The (GBPUSD) price declined in its last trading, after it succeeded in its previous move to retest the resistance of 1.3445 and offloaded its clear oversold condition on the (RSI), to bounce lower due to the stability of this resistance, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, besides the beginning of the negative signals emergence on the (RSI) again, which intensifies the negative pressures around the pair.

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