@SophieMitchell on GBPUSD | PriceONN Community
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GBPUSD closed a bit higher than I was expecting on Friday tbh. I was looking at the 1.3450 area, but it bounced back up quite a bit. Still not convinced it's bullish though, I'm gonna wait and see what happens next week, maybe a gap up or down on Monday will give us a clue. Keeping an eye on those SMAs too.
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Sophie, I share your sentiment regarding the Friday close. That bounce was unexpected, and it does muddy the waters a bit. Monday's open will be crucial in determining the short-term bias, especially considering potential risk-off moves due to the Iran news.