GBPUSD price is breaching our target strongly- Analysis- 23-12-2025

Bitcoin’s price declined in its last intraday trading, affected by the stability of the current resistance at $89,000, facing clear selling pressures accompanied by the emergence of negative signals on the relative strength indicators after reaching overbought levels, which might push the price to enter limited corrective move.

Crude oil witnessed fluctuated trading on its recent intraday levels, while it is gathering gains after its previous strong gains, where the price attempts to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals, which pushed it to enter temporary sideways move.

Gold price surged high in its recent intraday trading, recording new all-time highs amid the dominance of the main bullish trend on the short-term basis, with its moves alongside supportive trendline for this track, besides the continuation of the positive dynamic pressure that comes from its trading above EMA50, indicating the strength of the dominant bullish momentum.