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The GBPUSD begins to offload its oversold conditions -Analysis-31-07-2025

Economies.com
2025-07-31 03:19AM UTC
AI Summary
  • GBPUSD price rose in last trading due to stability of support at 1.322, despite main bearish trend and trading below EMA50
  • Price attempting to recover losses and offload oversold conditions on RSI with positive signals
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets at different subscription prices.

The (GBPUSD) price rose in its last trading on the intraday levels, due to the stability of its current support at 1.322, amid the dominance of the main bearish trend on the short-term basis and its trading alongside main and minor bias lines that support this trend, with the continuation of the negative pressure that comes from its trading below EMA50. The price attempts to recover some of its previous losses and offload some of its clear oversold conditions on the (RSI), with the beginning of positive overlapping signals from there.

 

 

 

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Bitcoin (BTCUSD) struggles to recover -Analysis-31-07-2025

Economies.com
2025-07-31 02:54AM UTC

The price of Bitcoin (BTCUSD) rose in its last intraday trading after leaning in the support of a minor bullish trend line on a short-term basis, taking advantage of the positive signals on the (RSI), providing momentum that pushed it to turn its early losses into gains.

 

The price attempts to get rid of the negative pressure that comes from its trading below EMA50, as part of his efforts towards full recovery and regaining the positive track on the short-term basis.

 

 

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Crude oil prices are gathering their gains-Analysis-31-07-2025

Economies.com
2025-07-31 02:54AM UTC

The (crude oil) price declined in its last intraday trading, to gather the gains of its previous rises, in attempt to gain a new bullish momentum that might help it to rise again, and it is attempting to offload the clear overbought conditions on the (RSI) after reaching high levels.

 

This limited decline keeps its dynamic support by its stability above EMA50, with the continuation of the main bullish trend dominance on the short-term basis and its move alongside a supportive bias line, which might ease the way for resuming the positive track.

 

 

 

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Gold price is attempting to recover some of its losses -Analysis-31-07-2025

Economies.com
2025-07-31 02:53AM UTC

The (Gold) price rose in its last intraday trading, to recover some of its previous losses, taking advantage of the beginning of positive overlapping signals on the (RSI) after reaching clear oversold levels, providing extra support for the attempt of offloading some of these oversold levels.

 

Despite this limited rise, the gold price remains under the pressure of bearish wave on the short-term basis, the continuation of its trading alongside a bias line indicates the dominance of the main bearish trend, any rise will be a temporary correction before suggesting a clearer trend in the upcoming period.

 

 

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Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3255 (2025-08-01 23:35PM UTC)