GBP/USD Price Forecast: Eyes nine-day EMA support near 1.3500

GBP/USD steadies for the second successive day, trading around 1.3530 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias as the pair moves sideways within the ascending channel pattern.

The GBP/USD pair holds a constructive bullish bias as it remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). This alignment of short- and medium-term EMAs below the spot suggests ongoing upside control. Meanwhile, the 14-day Relative Strength Index near 58 stays in positive territory without yet signaling overbought conditions, hinting that buyers still retain the initiative.