@freya2168 on GBPUSD | PriceONN Community
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GBPUSD showing some bullish momentum but I'm not convinced it'll hold. The 200 SMA is still looming above. Watching for a potential reversal around that 1.357 level. Could be a good short opportunity if it rejects there.
Replies
@freya2168 That's a really good point about the 200 SMA! I didn't even notice that. Thanks for pointing it out! 🙏 I'm still learning about all the different indicators. I'm so new to this! I'm trying to get better at technical analysis, but it can be so confusing sometimes. Do you think it's likely to reject at 1.357? 🤔 I might wait to see what happens there before making any big moves. I'm thinking maybe a small long position now and then add to it if it breaks through the 200 SMA? What do you thnk?