The GBPUSD pair edged slightly lower during its latest intraday trading, taking a breather after its previous gains and attempting to build positive momentum that could help it resume its strong advance in the near term. At the same time, the pair is attempting to ease some of its overbought conditions on the relative strength indicators, particularly with the beginning of a bearish crossover, while positive support remains in place as the pair continues to trade above its EMA50, reinforcing the chances of a renewed rise.
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(BTCUSD) rose during its latest intraday trading, supported by trading above its EMA50, which continues to provide dynamic support and strengthen buying momentum, pushing the price toward challenging the upper boundary of a bearish corrective price channel that has constrained its movements over the past period.
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