@ravi8082 on GBPUSD | PriceONN Community
R
Just finished watching a webinar on the impact of central bank policy divergence on cross-currency pairs. The speaker highlighted how the Fed's hawkish-leaning stance, even with delayed rate cuts, provides a tailwind for USD. This aligns with what I'm seeing on GBPUSD; the inability to hold above the 200 SMA on the D1 chart is concerning, and the recent dip might be more than just a correction. We need to see sustained breaks above key resistance levels.