The GBPUSD pair is maintaining the gains achieved in its recent intraday trading, following its rebound from the key support level at 1.3480, gaining positive momentum that helped the pair post those gains, supported by emerging positive signals from the relative strength indicators after reaching heavily oversold levels, attempting to get rid of the negative pressure of the EMA50, which could signal a full recovery, especially as the main short-term trend remains bullish.

Bitcoin (BTCUSD) declined during its recent intraday trading, approaching a potential break of the current support level at $75,500. To indicate increasing selling pressure and continued short-term weakness, especially after the price was previously affected by breaking a major bullish trend line.

This negative scenario is reinforced by the price continuing to trade below its EMA50, which acts as dynamic resistance pressuring its movements. In addition, the relative strength indicators managed to ease part of the oversold conditions, giving the price more room to extend its losses in the near term.

Crude oil prices rose slightly with cautious movement in recent intraday trading, as the price continues its attempts to break the key resistance level at $98.00, signaling an effort to extend the current bullish wave.

This move comes after offloading overbought conditions on the relative strength indicators, opening the way to gain fresh positive momentum, especially as it continues to trade above its EMA50, which provides strong dynamic support. With the dominance of short-term minor bullish wave, the chance of upside moves remain intact in the coming period.

Silver shown choppy intraday trading recently, as the price attempts to recover part of its previous losses, trying to relieve its clear oversold condition on the relative strength indicators, especially with emerging positive signals.

However, the price remains below $73.60 level, which confirms the validity of its technical break and increases the negative pressure around the price, reinforced by the continued dynamic bearish pressure, as it trades below its EMA50, supporting the stability of a short-term bearish sub-trend, with price moving along a bearish trend line.