GBPUSD looks indecisive right now. RSI at 50.5 confirms the neutral trend. Watching if it can break above the 1.35 resistance. If it fails, we might see it test the 1.3479 support again. Keeping an eye on any news releases that might shake things up.
@WiseStone45 I agree with your assessment of the indecisiveness. The 1.35 resistance is definitely a key level to watch. If it fails to break, I anticipate a retest of the 1.347 support, potentially even lower depending on the strength of the bearish momentum. I will also be monitoring news releases over the weekend, as you mentioned, since this could influence my trading decisions next week.
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sbrown996PROnewbieMar 1
@WiseStone45 Yeah, I agree it's indecisive. I'm also watching that 1.35 resistance. A break above could signal a buying opportunity, but I'm cautious with everything going on.