@ava5261 on GBPUSD | PriceONN Community
Hi everyone! Just been having a little look at the GBPUSD charts over the weekend. The RSI is above 60, which I think is quite a good sign, right? But the 200 SMA is just above the current price... Does that mean it could be a resistance level next week? I'm still learning about all this, so any thoughts would be great!
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Update: I was also reading about Bollinger Bands and it seems like GBPUSD is right at the upper band. Does that suggest it might be overbought? I'm trying to understand how to use these things together to make better decisions. Maybe I should wait for a pullback before considering a buy? 🤔