The (GBPUSD) price declined in its last intraday trading, affected by the stability of the critical and stubborn resistance level at 1.3600, which formed an obstacle against the continuation of the rise and pushed the price to catch its breath.

This decline comes with the pair’s attempts to gain the required positive momentum to breach this resistance, supported by the stability of its trading above EMA50, and under the dominance of the bullish trend on the short-term basis, with the continuation of its trading alongside a bias line, accompanied with its attempt to offload the clear overbought condition in the (RSI), especially with the emergence of the negative signals.

The price of Bitcoin (BTCUSD) declined in its recent intraday trading, in a correctional move to target offloading some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals, showing the likelihood for the weakness of the bullish momentum temporarily.

The overall scenario remains bullish on the short-term basis, where the price leans on the support of its EMA50, moving alongside a bullish bias line, which provides a chance for gaining a new positive momentum that pushes it to resume its bullish track.

The (crude oil) rose in its last intraday trading, supported by the dominance of the main bullish trend on the short-term basis, and its trading alongside main and minor trend lines that reinforces this positive momentum, and its stability above EMA50 supports the continuation of this trend.

This decline came after forming a rising low that represented a base for a strong bullish wave rally, accompanied by the beginning of the positive signals on the (RSI), after its decline to oversold levels, which reinforces the chances for the continuation of the rise in its upcoming move.

The (Gold) price rose in its last intraday trading, supported by the continuation of the positive pressure that comes from its stability above EMA50, amid the dominance of the short-term basis, and its trading alongside the bullish bias line that supports this positive technical momentum.

This rise reinforces the beginning of forming a positive divergence on the (RSI), after its decline in exaggerated oversold levels compared by the price move, with the emergence of positive overlapping signals on these indicators, reflecting the possibilities for the continuation of the recovery and targeting higher levels in the upcoming moves.