The GBPUSD is attempting to correct the bearish trend – Analysis 30-07-2025

gbpGBPUSD price rose in last trading session, supported by positive signals on RSI reaching overbought levels

Trading below EMA50 and under main bearish trend on short-term basis

The (GBPUSD) price rose in its last trading on the intraday levels, supported by the emergence if the positive signals on the (RSI), reaching overbought levels, which suggest ending the bullish momentum that assisted it to recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the main bearish trend on the short-term basis.

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