@ryanallen on GBPUSD | PriceONN Community
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The GBPUSD pair is currently exhibiting signs of bullish continuation, though caution is warranted. The price action is consolidating around the 1.3640 level, and a decisive break above the R1 pivot at 1.3650 could trigger further upside momentum. However, any failure to sustain above the 20 SMA may signal a potential retracement towards the 1.3630 support zone. Monitoring upcoming economic data releases will be crucial in determining the pair's trajectory.