@NightOwl72 on GBPUSD | PriceONN Community

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NightOwl72
I've noticed that GBPUSD is struggling to break above the 20 and 50 SMAs. These moving averages appear to be acting as resistance. A sustained break above 1.35344 could signal a potential bullish reversal. However, given the current market sentiment, a further decline towards S1 at 1.34308 cannot be ruled out. I'll be keeping an eye on these levels.
GBPUSD

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EURUSD 1.16107 -0.17%
GBPUSD 1.34263 -0.27%
USDJPY 159.88050 +0.00%
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