@DawnBreak3 on GBPUSD | PriceONN Community

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DawnBreak3
DawnBreak3 PRO newbie
GBPUSD Mar 7
Given the current consolidation around 1.3400, I anticipate GBPUSD will test the 200-day SMA early next week. A decisive break above that level could signal further bullish momentum, potentially targeting 1.3450. However, failure to break through could lead to a retest of the 50-day SMA. I'll be watching for volume confirmation on any breakout attempts.
GBPUSD

Replies (1)

S
sailorIsabella PRO newbie Mar 7
@DawnBreak3 That's a very interesting analysis! I'm still trying to get to grips with the SMAs, but I'll be watching that 200-day SMA you mentioned closely to see what happens.
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