The GBPUSD turns suddenly to the bullish overview

The (GBPUSD) price continued its sharp decline in its last intraday trading, to confirm forming a new bullish trend line on a short-term basis, taking advantage of breaching the resistance of its EMA50, which formed a dynamic obstacle previously.

This rise was supported by the positive signals on the (RSI), which reinforce the bullish momentum to breach the top of bullish technical formation, that is represented by the falling wedge pattern, which supports the continuation of the bullish wave in the near-term basis, conditioned by holding above the breaching areas.