@olivia3408 on GBPUSD | PriceONN Community

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olivia3408
olivia3408 PRO newbie
GBPUSD Mar 7
Did a quick review of GBPUSD on the daily chart. RSI is showing bullish momentum, hovering around 60. The 20 SMA is trending upwards and acting as immediate support around 1.336, so I'm cautiously optimistic. However, the 200 SMA at 1.34206 might pose some resistance next week. Need to see how it reacts there.
GBPUSD

Replies (1)

olivia3408
olivia3408 PRO newbie Mar 7
Update: Looking at the weekly chart now, the candle closed above the 50 SMA, which is a good sign. Volume wasn't particularly high on Friday's move though, so I'm not entirely convinced the bullish trend is sustainable. Will watch the opening price action closely on Monday to gauge market sentiment.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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