“GBP/USD price falls, constrained by current resistance levels – Analysis – 05-12-2025”

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“GBP/USD closed lower in its latest intraday session as the 1.3350 resistance held firm, prompting the pair to consolidate gains from previous rises. The pullback appears to be an effort to gather bullish momentum to potentially challenge and break this resistance. The pair continues to benefit from positive support, trading above the EMA50 and within the short-term bullish corrective trend, reinforced by the supporting trend line. Additionally, the relative strength indicators have reached exaggerated oversold levels compared to price action, suggesting a rapid weakening of bearish momentum.”

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