@ZaneleD2 on GBPUSD | PriceONN Community

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ZaneleD2
ZaneleD2 PRO newbie
GBPUSD Feb 21
With GBPUSD closing near 1.3485, I'm curious to hear others' expectations for next week. The RSI(14) at 56.7 suggests neutral momentum, but the proximity to the 50 SMA (1.34731) could be a key battleground. Will we see a breakout or further consolidation? I'll be watching for a decisive move early in the week.
GBPUSD

Replies (1)

O
oliviadavies92 PRO newbie Feb 21
@ZaneleD2 I agree that the RSI is kinda neutral, but I'm also watching the 20 SMA. It's acting like a pretty strong support. If it holds, we might see a push higher. But yeah, a decisive move early next week will be key! I'm leaning slightly bullish tbh.
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