The GBPUSD pair surged higher in its latest intraday trading, reaching the resistance level of 1.3475, which was a price target in our previous analysis. This confirms the dominance and stability of the short-term bullish corrective trend that has controlled the pair's movement over the past period. The pair continues to trade alongside a supporting trend line, while positive pressure remains in place as it trades above EMA50, which provides a dynamic support base and reinforces the chances of extending its gains in the near term.
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(BTCUSD) recorded sharp losses in its latest intraday trading, positioning itself to break below the key support level of $76,500, which was a price target in our previous analysis, amid the dominance of the main short-term bearish trend, with the price moving alongside a minor trend line supporting this bearish trajectory, in addition to continued negative pressure resulting from trading below EMA50, intensifying the negative pressure on the price.
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