@deepblue205 - GBPUSD | PriceONN Topluluk
D
This move higher today is interesting, especially with the geopolitical headlines causing USD weakness. We've pushed above the Bollinger upper band and are testing R1 at 1.3435. However, the RSI is approaching overbought territory, and typically these spikes on broad dollar weakness can reverse quickly. I'm hesitant to chase this higher without a clear confirmation of sustained momentum or a break above 1.3450. What are others' thoughts on the sustainability of this GBPUSD move given the broader market sentiment and the strength of the dollar potentially returning?