@rahul6308 on GBPUSD | PriceONN Community

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rahul6308 PRO newbie
GBPUSD Feb 23
GBPUSD showing some upward momentum, but the 200 SMA at 1.35728 is a significant hurdle. I'll be watching price action closely around that level. A decisive break above could open the door for further gains. Otherwise, expect a potential pullback towards the 1.3500 level. 🤔
GBPUSD

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rahul6308 PRO newbie Feb 23
Update: Just noticed a potential ascending triangle forming on the H4 chart for GBPUSD. If this pattern confirms, we could see a significant breakout to the upside. However, it's crucial to wait for a confirmed break above the upper trendline before entering a long position. I'm also keeping an eye on the RSI, which is currently hovering around neutral territory. A move above 60 could provide further confirmation of bullish momentum. Will set alerts around 1.3530 and 1.3550. Let's see how it unfolds. 🚀
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