GBPUSD price declined in last intraday trading, attempting to gain bullish momentum
Positive pressure from trading above EMA50, but negative signals on RSI may temporarily hinder price recovery
The (GBPUSD) price declined in its last intraday trading, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after it succeeded in offloading its oversold condition, which obstacles the price recovery temporarily.
