@amit4313 on GBPUSD | PriceONN Community
The Friday close on GBPUSD was deceptively bullish, given the broader risk-off sentiment fueled by the oil crisis. The RSI is approaching overbought territory, and I suspect we'll see a correction early next week. I'm anticipating a retest of the 1.3350 level, possibly lower if the geopolitical situation worsens.
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Also, worth noting that the 200 SMA at 1.34206 acted as resistance previously. I doubt it will be broken easily, especially with the current market uncertainty.