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Hey guys, I'm looking at GBPUSD and trying to figure out the best approach. The 20 SMA is right around 1.34901, and the price is hovering near that. Does anyone see a good opportunity for a quick scalp here? Or is it too risky with the mixed signals from the indicators?
Update: I'm also noticing that the RSI is pretty much neutral. So maybe it's best to just stay out for now and see if it breaks above R1 at 1.35011 or drops below S1 at 1.34663. What do you all think about those levels as potential entry points?