GBPUSD rose slightly in its last trading on the intraday levels, after offloading its overbought conditions on the relative strength indicators, which leads the indicators to reach exaggerated oversold levels compared to the price move, affected by leaning on EMA50’s support, which provided intensive bullish momentum, accompanied by the effect of positive technical formation that formed previously on short-term basis, which is the falling wedge pattern, and the reinforces the rising chances in the upcoming period.

Bitcoin’s price rose during its last intraday trading, after reaching $88,00 support, which represents expected target in our previous analysis, providing bullish momentum that helped it achieve intraday gains to offload some of its previous losses.

The price is attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, reinforcing the chances of stability and recovery, despite the previous negative effect of breaking the main bullish trend line on a short-term basis, which remains dominating the current moves.

Crude oil prices rose slightly in the last intraday trading, after its previous decline due to the stability of $60.50 resistance, which was expected target in our previous analysis. The price attempts to gain bullish momentum that might help it to breach this resistance, accompanied by its attempt to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there.

This decline pushed the price to lean on its EMA50’s support, gaining bullish momentum that helped it to achieve these limited intraday gains, amid the continuation of the bullish trend dominance on short-term basis, with its trading alongside supportive trend line for this trend.

Gold surges sharply in its last intraday trading, to breach the main resistance at $4,800 for the first time ever, which was an expected target in our previous analysis, this strong performance comes amid full dominance for the main bullish trend on a short-term basis, supported by the trading alongside supportive main and minor trend lines for this trend.

The positive pressure continues due to the trading above EMA50, besides the emergence of positive signals from relative strength indicators, despite reaching overbought levels, indicating the strength of the current momentum, while keeping an eye on any potential signs of slowdown.