The GBPUSD shows some positive signals – Analysis 15-08-2025 – ForexNews.PRO
GBPUSD price rose in last intraday trading, attempting to breach critical resistance at 1.3590
Positive momentum may lead to bullish correctional bias on short-term basis
The (GBPUSD) price rose in its last intraday trading, after yesterday’s decline due to the stability of the critical resistance at 1.3590, attempting to gain positive momentum that might assist it to breach this resistance, to lean on a bullish correctional bias on the short-term basis, which led the (RSI) to reach oversold levels, exaggeratedly compared to the price move, indicating the beginning of forming positive divergence, which might push the price to achieve more of the gains with the continuation of the positive pressure due to its trading above EMA50.
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