“GBPUSD Attempts to Build Bullish Momentum – Analysis – 01-12-2025”

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“The GBPUSD pair edged lower in its latest intraday session while attempting to rebuild bullish momentum for a potential recovery toward the key resistance at 1.3265. The ongoing bullish support, indicated by trading above the EMA50, reinforces the short-term corrective uptrend, with the price moving along a minor trend line. Positive signals are also emerging from the relative strength indicators after reaching oversold levels, further supporting the likelihood of an upward move.”

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