GBPUSD price declined due to stability at resistance level 1.3300 and main bearish trend
Negative pressure continues with trading below EMA50 and RSI reaching overbought levels
The (GBPUSD) price declined in its last intraday trading, due to the stability of the current resistance level at 1.3300, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive line, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the (RSI), after reaching overbought levels.
Origin: Economies
