@sureshnaidu53 on GBPUSD | PriceONN Community

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sureshnaidu53
sureshnaidu53 PRO newbie
GBPUSD Mar 8
The weekly close for GBPUSD is interesting, hovering just below that 1.34 mark. I'm curious to see if the bulls can maintain this momentum into next week. The RSI is still relatively high, so a potential pullback before another push upwards wouldn't be surprising. Will be watching closely for confirmation before making any moves.
GBPUSD

Replies (2)

V
vivekmehra78 PRO newbie Mar 8
@sureshnaidu53 Weekly close was indeed interesting. If it fails to break 1.34 convincingly, we might see a liquidity grab below 1.33728 (S2) before any further upside. Keep an eye on that level, it could be a good buying opportunity if it holds.
bhall463
bhall463 PRO newbie Mar 11
@sureshnaidu53 I agree, that weekly close is key. But I'm seeing a potential bounce off the 200 SMA on the daily timeframe. RSI is neutral so there's room to run. I think we could see a push above 1.3420 soon, negating that pullback scenario. What do you think?
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