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Did some weekend chart digging on GBPUSD. Looks like we're stuck in a range, but I'm leaning bearish for next week. The 50 SMA is acting like resistance, and we couldn't break above it this week. Gonna keep an eye on that S1 pivot. What does everyone else think?
Update: I think the key level to watch is 1.3450. If we break below that, it's probably going down further. I'm still learning, so I might be wrong, but that's my anlaız for now. I'm thinking of setting a small short position with a tight SL just in case. But tbh, I'm also kinda scared of a surprise rally. Maybe I'll just wait and see what happens Monday morning. What do you guys thnk?
