@nmartin119 on GBPUSD | PriceONN Community

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N
Okay, so looking at GBPUSD weekly close, it's kinda hovering around the 50 SMA (1.34731). RSI is neutral, but I'm seeing some potential resistance at the R1 pivot (1.34943). Gonna keep an eye on how it reacts to that level next week. Maybe a small long if it breaks?
GBPUSD

Replies (1)

N
nmartin119 PRO newbie Feb 21
Update: Actually, thinking about it more, that 200 SMA up at 1.3581 is a serious wall. I might wait for a clear break above that before committing to a long. Otherwise, a rejection there could signal a nice short opportunity. What do you guys think?
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