GBPUSD is currently experiencing a bearish correctional trend on a short-term basis
The price is approaching the current support at 1.3415 and may break it
Positive signals on the RSI suggest potential intraday bullish rebounds to alleviate oversold conditions
The (GBPUSD) price settled low in its last trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, approaching form the current support at 1.3415 preparing to break it, on the other hand, we notice the emergence of the positive overlapping signals on the (RSI), after reaching oversold levels, providing some intraday bullish rebounds, to attempt to offload some of these conditions.
