The GBPUSD leans on the support of its moving average – Analysis 19-08-2025

forex_news_gbp_8GBPUSD price continues to decline, supported by EMA50

The (GBPUSD) price continued its decline on its last intraday trading, affected by breaking a bullish correctional bias line on a short-term basis, supported by the emergence of the negative signals on the (RSI), despite reaching oversold levels, to lean on the support of its EMA50, which might reduce the upcoming losses temporarily.

 

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