@apexhunt942 on GBPUSD | PriceONN Community

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apexhunt942
apexhunt942 PRO newbie
GBPUSD Apr 25
Weekend thoughts on GBPUSD... that Friday close was a bit of a surprise, pushing back above the 200 SMA and almost touching the R1 pivot. Given the geopolitical situation easing slightly and the Dollar showing some fatigue, I'm cautiously optimistic for next week. However, the RSI is definitely showing overbought conditions, so I'm looking for a potential pullback early on. Need to see if we can hold above 1.35, otherwise we might see a gap down on Monday open.
GBPUSD

Replies (1)

H
harry7923 PRO newbie Apr 29
Hey @apexhunt942, yeah that Friday close was weird. I'm also kinda nervous about it. Feels like anything could happen with this thin market right now. Hope it doesn't drop much more before I can sleep.
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