The GBPUSD soars high – Analysis 26-05-2025

a-4The GBPUSD price continued its rise in the last intraday trading, breaching the resistance at 1.3525, reinforcing its strength within a dominant bullish track on the short-term basis.

This performance is supported by trading above its EAM50, besides the continuation of the positive momentum on the (RSI), despite its stability in overbought levels, which reflects the continued relative’s dominance of the buyers.

Origin: Economies

 

Leave a Reply