@coreshift364 on GBPUSD | PriceONN Community
GBPUSD's Friday close felt a bit indecisive, didn't it? Hovering right around that 20-day SMA. RSI at 49 suggests we're not seeing strong momentum in either direction. I think we'll need to watch for a break above 1.3485 or below 1.3465 to get a clearer signal next week. Let's see what Monday brings.
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Update: Thinking about the implications of that Iran news... Safe haven assets will likely be bid up. GBPUSD might see some initial weakness as investors flock to the dollar, but it could be short-lived. I'll be watching the DXY closely for confirmation. If it spikes, I'll consider shorting GBPUSD early in the week. Risk management is key, folks!