@LucasCyclist on GBPUSD | PriceONN Community

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LucasCyclist PRO newbie
GBPUSD Feb 28
Alright, looking at the weekly close, I'm anticipating a bit of choppiness for GBPUSD next week. We're right in the middle of the 20 and 50 SMA, so direction is unclear. A decisive break either way will probably dictate the short-term trend. I'm leaning slightly bearish, given the overall risk-off sentiment lately, but will wait for confirmation.
GBPUSD

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LucasCyclist PRO newbie Feb 28
Update: I'm also keeping an eye on the BOE's upcoming statements. Any hawkish signals could easily invalidate my bearish bias. Gotta be flexible. Also, worth noting that the 200 SMA is right around 1.3500, acting as a pretty solid ceiling. Might place a small short position there if we see rejection. Just a thought...
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