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The GBPUSD is breaking critical support -Analysis-29-07-2025

Economies.com
2025-07-29 03:17AM UTC
AI Summary
  • GBPUSD price has sharply declined, breaking critical support at 1.3365
  • Negative pressure from trading below EMA50 and oversold RSI levels indicate selling strength
  • BestTradingSignal.com offers high-accuracy trading signals for various markets, with subscription options available for different packages and durations.

The (GBPUSD) price settled with a sharp decline in its last intraday trading, to confirm breaking the critical support at 1.3365, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive bias line for this trend, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels, indicating the dominance of the selling strength on the trading.

 

 

 

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Bitcoin (BTCUSD) is under negative pressure -Analysis-29-07-2025

Economies.com
2025-07-29 03:04AM UTC

The price of Bitcoin (BTCUSD) declined in its last trading on the intraday levels, affected by breaking a main bullish trend line on the short-term basis, this last decline came to push the price to break the support of its EMA50, to face more of the negative pressure in its current trading.

 

On the other hand, there are recovery attempts begin to appear, where we can see a positive overlapping signals on the (RSI), after reaching oversold levels, these signals might limit the upcoming losses temporarily and provide a chance for the stability attempt or the intraday recovery.

 

 

 

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Crude oil prices attempt to breach a significant resistance-Analysis-29-07-2025

Economies.com
2025-07-29 03:04AM UTC

The (crude oil) price settled high in its last intraday trading, supported by its trading above EMA50, providing positive momentum for the attempt to breach a minor bearish trend line on the short-term basis, accompanied by its attempt to breach the critical resistance level at $66.55.

 

There are cautious signals appearing in the technical scene, where the (RSI) began forming negative overlapping signals after reaching overbought levels, which might limit the ability of the price to resume its gains on the short-term term basis unless confirming breaching this resistance.

 

 

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Gold price is rising affected by a key support -Analysis-29-07-2025

Economies.com
2025-07-29 03:04AM UTC

The (Gold) price rose in its last intraday trading, taking advantage of the stability of the key support at $3,310, attempting to recover some of its previous losses, at the same time offloading some of its clear oversold conditions on the (RSI), especially with the beginning of the positive signals.

 

Despite this recovery, the price remains under negative pressure due to its stability below EMA50, affected by its exit from the bullish channel’s range that was supporting its trading on the short-term basis, which might limit the strength of the current rise, especially that the positive momentum has started to fade out temporarily.

 

 

 

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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)