@charlotte2002 on GBPUSD | PriceONN Community

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Watching GBPUSD closely here during the London/NY overlap. The pair has dipped below the 50 SMA and is currently flirting with the S1 pivot. I'm looking for a potential bounce off the 1.3378 level, especially if the RSI can start to climb from its current neutral 42 reading. Keep an eye on the 200 SMA at 1.3339 as a key longer-term support if this weakness continues.
GBPUSD

Replies (1)

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charlotte2002 PRO newbie Mar 25
Yeah, also noted the 20 SMA is just above the current price, acting as resistance. If we can't break back above 1.3398 soon, that bearish trend could solidify further. The geopolitical news mentioned earlier could add volatility, but technically, levels are holding for now. Let's see how the next hour plays out.
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