@dwhite987 on GBPUSD | PriceONN Community

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D
Looking at the weekly chart for GBPUSD over the weekend. The price action on Friday was a bit disappointing, breaking below the 20 SMA and even touching the S2 pivot. The RSI is deep in oversold territory though, around 30.4. This suggests a potential bounce opportunity come Monday, especially if the dollar shows any sign of cooling off after that jobs report. I'm watching the 1.3185 area closely.
GBPUSD

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