The (GBPUSD) price declined in its last intraday trading, after retesting the key resistance at 1.3095, affected by negative technical formation on the short-term basis that is represented by the rising wedge pattern, besides the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the dominance of the main bearish trend on the short-term basis with its trading alongside trend line.

Accompanied by the relative strength indicators reaching exaggerated overbought levels compared to the price move, which suggests forming negative divergence, which intensifies the negative pressures around it.

Bitcoin (BTCUSD) declined in its last intraday trading after hitting a minor short-term bearish trend line, restoring negative pressure on its movement. This pressure grew as overlapping negative signals appeared on relative strength indicators after severe overbought readings, indicating a negative divergence that may limit recovery attempts.

This weakness is supported by trading below EMA50, a factor that further reduces the ability to regain bullish momentum in the near term. Remaining under this pressure clearly restricts recovery unless the price surpasses these barriers and returns above key levels.

Crude oil prices settled with cautious gains in the last intraday trading, after retesting the key resistance at $58.00, it managed to offload a lot of its oversold conditions on the relative strength indicators, which provides some calm after the previous bearish wave without sowing strong momentum that supports the continuation of the recovery.

Despite this relative stability under the negative pressure from its trading below EMA50, besides the dominance of the main bearish trend on the short-term basis and its trading alongside supported trendline, these technical factors limit the price ability to achieve clear rises unless it manages to surpass its near resistance steadily.

Gold declined in its last intraday trading, affected by the negative pressure from its trading below EMA50, the relative strength indicators began showing negative overlapping signals after reaching exaggerated overbought levels compared to the price move, reinforcing the possibilities of extending the selling pressure on the near-term basis.

Despite this, gold remains moving alongside minor bullish trend line on the short term, which provides support unless it breaks the near support levels, this track keeps the recovery chances valid, conditioned by the stability of the trend.