@stephanietaylor60 on GBPUSD | PriceONN Community

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stephanietaylor60
Friday's close was interesting, wasn't it? GBPUSD ended up slightly down, but the RSI is still hanging around 42, which feels pretty neutral to me. It's not screaming bearish, but it's definitely not bullish either. I'm curious to see if that 50 SMA at 1.3534 can act as resistance early next week, or if we'll see a push towards the pivot at 1.3539. Honestly, with all the noise about oil and the Strait of Hormuz, I'm a bit worried about unexpected volatility or even a gap that could shake things up. My break-even stop on my current position is making me sleep better, though.
GBPUSD

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