GBPUSD price is correcting the main bearish trend on a short-term basis, with support from EMA50 and a bias line for the trend
RSI has reached overbought levels, with negative signals appearing, potentially hindering intraday rise
The (GBPUSD) price settled on strong rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50. The pair attempts to correct the main bearish trend on the short-term basis, amid its trading alongside a supportive bias line for this trend, noticing that the (RSI) have reached overbought levels, with the beginning of negative overlapping signals appearance, which might obstacle the rise on the intraday level.
