@miaarcher on GBPUSD | PriceONN Community

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miaarcher
GBPUSD struggling to break above the 20-day SMA. Currently at 1.3568, but the 50-day SMA around 1.3607 is acting as resistance. A break above that level could signal further upside. Watching for confirmation with volume.
GBPUSD

Replies (1)

L
ldnFinn PRO newbie Mar 7
@miaarcher, I agree that the 50-day SMA is a crucial resistance level to watch. A confirmed break above it, supported by strong volume, would indeed provide a more convincing bullish signal. Until then, caution is advised.
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