@brandonthompson on GBPUSD | PriceONN Community
I'm trying to figure out the best way to use the 200 SMA to confirm trends on GBPUSD. I see it's way up at 1.359, so clearly we're below that long-term average. But how much weight do you give it when the price is already trending down? Is it better to wait for a retest of the SMA before entering a short position, or does the current bearish momentum outweigh that consideration? I'm also curious about combining the 200 SMA with other indicators like the MACD. Anyone have experience with that? I'm trying to refine my entry signals.