@CharlieCole on GBPUSD | PriceONN Community
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GBPUSD is in a tricky spot right now. The neutral RSI suggests neither strong bullish nor bearish momentum. We're seeing price action squeezed between the SMAs, indicating indecision. The Bollinger Bands also confirm a period of consolidation, with the price hovering around the middle band. A decisive break above 1.36 or below 1.35 is needed to establish a clear direction. I think the market is waiting for some fundamental catalyst before making a significant move. Keep an eye on upcoming news releases!