GBPUSD price rose slightly in last intraday trading, supported by positive signals on RSI
Price remains within bearish correctional trend on short-term basis, trading below EMA50
Fluctuation possibilities remain valid on near-term basis
The (GBPUSD) price rose slightly in its last intraday trading, supported by the emergence of initial positive signals on the (RSI), indicating a limited improvement in the technical momentum, but the price remains moving within a bearish correctional trend on the short-term basis, and trading below EMA50, which represents a dynamic resistance that obstacles the trading to turn to a clear rise, keeping the possibilities for the fluctuation valid on the near-term basis.
