GBPUSD surpasses its negative pressure – Analysis 14-05-2025

gbp-l4The GBPUSD price extended its gains in its recent intraday trading, to succeed to braech a minor correctional bearish bias line on the short-term basis, accompanied by surpassing the resistance of its EMA50, surpassing its negative pressure, and reinforcing the bullish track on the intraday levels, with the emergence of the positive signals on the (RSI), noticing reaching the overbought levels, which might decrease the gains temporarily due to its neediness to offload this overbought conditions.

Origin: Economies

 

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