GBPUSD price continues to decline after breaking critical support at 1.3390
Positive signals on RSI after reaching oversold levels, but bearish trend remains dominant
The (GBPUSD) price continued its decline in its last intraday trading, affected by breaking bullish trend line previously on the short-term basis, besides its stability below EMA50, intensifying the selling pressures and pushed it to break the critical support at 1.3390.
However, there are positive signals on the (RSI) after reaching oversold levels, but the bearish trend remains the dominance on the intraday basis.
