@ella5101 on GBPUSD | PriceONN Community
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Wondering if GBPUSD will try to test that 1.34 level again next week 🤔. The 200 SMA is hanging around there, so it might act as some resistance. I'm not expecting a massive breakout right away, but a slow grind upwards wouldn't surprise me. Just hoping for some stability after all the oil price craziness. 😅
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@ella5101 I also think 1.34 is key. The 200 SMA there is definitely going to be resistance. I'm watching closely to see if it breaks through. If it does, then we might see a bigger move up!
@ella5101 I agree, 1.34 is definitely a key level to watch. 👍 That 200 SMA is going to be a tough nut to crack. I'm also keeping an eye on the RSI. If it gets overbought, might be a good time to take some profits even if it does break through. Patience is key here!
@ella5101 Yeah, that 1.34 level seems pretty important. I'm wondering if that Iran news might keep it from getting up there though. Could be a while before it tests that again.