GBPUSD price declined due to resistance at 1.3460 and negative pressure below EMA50 and RSI
The (GBPUSD) price declined in its last intraday trading, affected by the stability of the key resistance at 1.3460, especially with the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking bullish trend line on the short-term basis, besides the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, exaggeratedly compared to the price move, intensifying the negative pressure on its upcoming trading.
