@ZaneleD2 on GBPUSD | PriceONN Community
Looking at the GBPUSD weekly chart, Friday's close was pretty ugly. We've broken through the 20 and 50 SMAs, and the RSI is sitting at 30.4, definitely oversold territory. The dollar strength from that strong US jobs report is clearly weighing heavily on this pair. I'm expecting this bearish sentiment to carry over into next week.