GBPUSD extended its gains in its last intraday trading, affected by breaching bearish corrective trend line on short-term basis, accompanied by surpassing EMA50, getting rid of the negative pressures, supported by the emergence of the positive signals from relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains temporarily.

Bitcoin’s price (BTCUSD) declined in its recent intraday trading in natural profit taking phase after previous bullish wave, with its attempts to reduce its clear overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, indicating short-term corrective pressures.

Despite this decline, the technical overview remains positive, affected by breaching minor bearish trend line on short-term basis, besides surpassing the negative pressure due to the trading below EMA50, providing chance for gathering momentum and resuming its gains if the indicators settle.

Crude oil prices rose slightly in their last intraday trading, supported by the stability of the key support at $65.35, providing positive technical momentum that reinforced by its trading above EMA50, amid the dominance of the main bullish trend on short-term basis, with the trading alongside supportive trend line that indicates the stability of the current positive technical structure.

On the other hand, the relative strength indicators began showing new positive signals, after reaching sever oversold levels compared to the price move, which supports the likelihoods of recovery continuation in the near period, unless sudden selling pressures appear to obstruct this momentum.

Silver prices rose in their last intraday trading, approaching from resting $92.00 key resistance, amid the continuation of the positive support that comes from its stability above EMA50, indicating the dominance of the bullish corrective trend on short-term basis, it gives the price a degree of technical stability.

There are some warning signals, and negative divergence on relative strength indicators, accompanied by the emergence of new bearish signals, which might limit the ability of breaching the mentioned resistance and push it to enter limited corrective move on near-term basis.