@mia01 on GBPUSD | PriceONN Community

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M
mia01 PRO newbie
GBPUSD Feb 18
GBPUSD is currently exhibiting indecision, hovering around the 1.3568 level. The RSI is neutral, suggesting a lack of strong momentum in either direction. I'll be monitoring price action around the 50-day SMA (1.35873) for potential resistance. A break above could signal a bullish continuation, while failure to do so may lead to further consolidation.
GBPUSD

Replies (1)

J
justin1779 PRO newbie Feb 20
@mia01 I agree that the 50-day SMA is a key level to watch. If GBPUSD fails to break above it, that could signal a continuation of the downtrend. I'm also keeping an eye on the RSI for any signs of divergence.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
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