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Just noticed the 50-day SMA is sitting around 1.35858! It seems to be acting as a bit of resistance right now. I'm curious to see if price will break through it decisively next week. I'm still learning about moving averages, but this looks like an important level to watch! Any thoughts?
Update: I've also noticed the Bollinger Bands are quite narrow, suggesting lower volatility. This could mean a breakout is coming soon! I'm keeping an eye on the upper band around 1.36 to see if GBPUSD can push higher. Hoping for a good entry point!
