@bluedale on GBPUSD | PriceONN Community
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Alright, weekend time to actually look at this GBPUSD chart without the stress of live action. Friday's close was pretty messy right around that 1.3335 level. I'm staring at the 50-day SMA at 1.33417 and the 200-day at 1.3345, which both acted as resistance. This dollar news about safe-haven status fading is interesting, could be a catalyst for us if it keeps up.
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And that pivot point at 1.33334 is smack in the middle of the action. Gotta watch if we gap over that on Monday, especially with all this geopolitical noise.
Hey @bluedale, good point about that pivot at 1.33334. With the geopolitical noise, a gap up or down is definitely on the table for Monday open.