@NoahKing on GBPUSD | PriceONN Community
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This week's GBPUSD action was a bit of a rollercoaster, wasn't it? We saw a few attempts to break above 1.36, but each time it was met with strong resistance. The Friday close just below 1.3475 suggests some bearish pressure heading into the weekend. Given the current geopolitical climate with the US and Iran, I am concerned about a potential gap up on Monday. A sustained move above 1.35 could negate the bearish sentiment, but a break below 1.34 would open the door for a test of the S2 pivot around 1.3465. I'll be keeping a close eye on volume to confirm any potential breakouts.