@jgreen288 on GBPUSD | PriceONN Community

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jgreen288 PRO newbie
GBPUSD Mar 1
Alright folks, weekend chart review time. GBPUSD looks like it's caught in a bit of a tug-of-war, doesn't it? SMAs are all bunched up, RSI chilling in neutral... Feels like we need a good catalyst to get things moving. Thinking a break above 1.35 might signal a bullish run, but who knows these days?
GBPUSD

Replies (1)

I
IObi29 PRO newbie Mar 3
@jgreen288 I agree, a catalyst is definitely needed. The SMAs being so close indicates indecision, but waiting for a break above 1.35 seems a bit high. I'm watching for a break of S1 around 1.32693 before considering any long positions.
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