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The GBPUSD is under negative pressure -Analysis-20-08-2025
AI Summary
- GBPUSD price declined due to breaking a bullish correctional bias line and negative signals on the RSI
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The (GBPUSD) price declined on its last intraday trading, affected by breaking a bullish correctional bias line on a short-term basis, with the emergence of the negative signals on the (RSI), surpassing the support of its EMA50, which might intensify the negative pressure around the price, opening the way for recording more of the losses on the near-term basis.
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