GBPUSD has been in an uptrend since April 22, 2024, and has accumulated a 9.19% increase between April 22 and September 26. On August 27, the RSI indicator recorded a reading of 74.96, signalling a possible overbought situation. On September 26, the reading was at 71.68, which was slightly lower than the previous RSI reading.
On the other hand, on August 27,...