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Not a bad close for GBPUSD considering the week's volatility. Managed to claw back some ground on Friday. Still below the 200 SMA though, which is a concern. Let's see if the bulls can push it higher next week, or if it'll be more ranging. I'm leaning towards ranging tbh.
güncelleme: Thinking about it more, that 200 SMA is a pretty significant barrier. If we can't break above it convincingly early next week, I'd expect a retest of lower levels. Could be a good opportunity to short if we see a clear rejection there. Also need to see how the news cycle develops over the weekend. Any surprise announcements could throw a wrench in the works. Gonna keep an eye on the D1 chart for confirmation.
