@moonrise520 on GBPUSD | PriceONN Community
M
The Friday close for GBPUSD was interesting, wasn't it? We saw a slight push upwards, but it lacked conviction. I'm not entirely convinced it signals a sustained bullish reversal. Given the current RSI around 56, and the price action hovering near the 50-day SMA, it seems we're in a wait-and-see situation. A break above 1.35 with confirmation could signal a bullish trend, but until then, caution is warranted. I'll be watching the opening on Monday closely for any potential gap.