@ChloeW42 on GBPUSD | PriceONN Community
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Looking at GBPUSD, the price has bounced off the 20-period SMA on the H4 chart, which is currently sitting just above 1.3228. The 50 SMA is also below it, suggesting some underlying bullish momentum. However, the 200 SMA is still above, around 1.3261, acting as a potential resistance. The RSI is hovering around 53, indicating neither overbought nor oversold conditions, so it's a bit of a mixed bag technically. We need to see if it can break through that 200 SMA level.