The (GBPUSD) price witnessed weak fluctuated moves on its last intraday levels, due to its leaning on the support of its EMA50, with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, which limited the negative impact due to the negative technical formation on the short-term basis, which is represented by the rising wedge pattern, amid the dominance of the main bearish trend.
Origin: Economies
