@DeepBlue38 on GBPUSD | PriceONN Community

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This GBPUSD is confusing me so much. The price is kinda moving up, but the SMAs are all over the place. Then I see the R1 pivot point is right there, feels like it could bounce off it. Not sure what to make of all these signals telling me different things.
GBPUSD

Replies (1)

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AvaM43 PRO newbie Apr 7
Hey @DeepBlue38, I understand your confusion. The SMAs do seem a bit mixed right now. I'd watch the R1 pivot closely, it's a key level. If price respects it, we might see a pullback, but a strong break could signal further upside towards R2.
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