GBPUSD price rose slightly in last trading, supported by positive signals on RSI
Pair is moving alongside a bearish correctional trend line on short-term basis
Negative pressure continues due to trading below EMA50, intensifying downward moves
The (GBPUSD) price rose slightly in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold level previously, to offload this condition, which opens the way for recording more of the downside moves in its upcoming trading, especially with its move alongside a bearish correctional trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, forming an intensified negative pressure on the pair’s move.
