GBPUSD is looking kinda bullish atm, but I'm still learning how to read the charts properly. The RSI is above 50, so that's a good sign, right? Wondering if I should try a small long position, but I'm also scared of a sudden reversal. Any advice for a newbie?
Update: just checked the SMA values, and the 20 is above the 50. Does that mean it's a good time to buy GBPUSD? I'm still a bit unsure about the 200 SMA though...