@ShadowFax62 on GBPUSD | PriceONN Community

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ShadowFax62 PRO newbie
GBPUSD Feb 27
Okay, so looking at GBPUSD, it seems like we're stuck in a bit of a range between the SMAs. The 50 SMA at 1.352 and the 200 SMA at 1.35117 are acting as resistance, while the 20 SMA is providing some support around 1.34901. I'm thinking a breakout is inevitable, but which way will it go? It's tough to say with the RSI so close to 50. Maybe waiting for a clear break of the Bollinger Bands would be a smart move before jumping in. Thoughts?
GBPUSD

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