@IronFlame98 on GBPUSD | PriceONN Community
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Looking at the weekly chart, GBPUSD seems to be consolidating around the 200 SMA. The RSI is still above 50, indicating bullish momentum, but it's not strongly overbought. A break above 1.34206 could signal a continuation of the uptrend, potentially targeting the next resistance level around 1.3450. However, failure to break above the 200 SMA could lead to a retest of the 50 SMA at 1.3353. I'll be watching closely for a breakout or breakdown early next week. Definitely some gap risk to consider over the weekend.