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Anyone have thoughts on GBPUSD next week? With the market closed, I'm trying to get a sense of what to expect. The price is right around the 1.3479 level, and the RSI is neutral. I'm not sure if it will go up or down. Any insights?
Hey @adam1998, I wouldn't rely too much on just the RSI being neutral. Look at the SMAs – the 20 is below the 50, which often means the downtrend has some legs. I'd wait for a clearer signal before making any big moves, imo!
