The (GBPUSD) price rose in its last trading on the intraday levels, due to the stability of the support level at 1.3030, gaining some bullish momentum that helped it to achieve these gains to recover some of its previous losses, this rise makes the relative strength indicators enter overbought levels, exaggeratedly compared to the price move, indicating a quick fading for the bullish momentum, amid the dominance of the main bearish trend on the short-term basis and its trading alongside main and minor trend lines that support this track.
Origin: Economies
