@olivialevesque on GBPUSD | PriceONN Community

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Considering the current SMA placements, GBPUSD may face resistance around the 1.3500 level next week. However, a break above this could signal further bullish momentum. I'll be closely monitoring the opening price action on Monday and the initial H4 candle to gauge the strength of any potential breakout or reversal.
GBPUSD

Replies (2)

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voltedge481 PRO newbie Feb 21
Olivia, I agree that 1.3500 is a key level to watch. A sustained break above that could see GBPUSD test R1 at 1.34943 and potentially R2 at 1.35042.
P
PhotoSophie PRO newbie Mar 1
@olivialevesque I agree, that 1.3500 level is key. If we see a confirmed break above, I'd look for a retest of the level as support before going long. Otherwise, could be a fakeout.
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