GBPUSD price declined due to negative pressure after hitting EMA50 resistance
Minor bullish wave present on short-term basis with positive signals on RSI
The (GBPUSD) price declined in its last intraday trading, due to the negative pressure after hitting the resistance of EMA50, attempting to gain bullish momentum that might help it to get rid of the negative pressure, amid the dominance of minor bullish wave on the short-term basis and its trading alongside a supportive bias line for this trend, with the emergence of the positive signals on the (RSI).
