The GBPUSD gets ready to attack its current resistance – Analysis 04-08-2025

eu-l13GBPUSD price showing positive signals on RSI, preparing to attack key resistance level at 1.3300

Price remains under negative pressure from trading below EMA50, which may limit upcoming gains

The (GBPUSD) price settles with a rise in its last intraday trading, taking advantage of the positive signals that appear on the (RSI), after forming strong bullish correctional wave on its intraday levels, after the sharp rise in the end of the last week trading, to attack minor bearish bias line on the short-term basis, accompanied by its readiness to attack the key resistance level at 1.3300, on the same time the price remains under negative pressure that comes from its trading below EMA50, which might reduce its upcoming gains.

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