The GBPUSD tests significant resistance – Analysis 05-09-2025 – ForexNews.PRO
GBPUSD price rose, testing critical resistance at 1.3460 supported by positive signals on RSI
Negative pressure remains due to trading below EMA50, with minor bearish wave dominance
The (GBPUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), retesting the critical resistance at 1.3460, which represents very important level that forms a key point in detecting the intraday track for the pair.
Despite this rise, the negative pressure remains valid due to the trading below EMA50, with the continuation of minor bearish wave dominance on the short-term basis, which makes the trading confined between the recovery attempts and the continuous selling pressures.
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