@wildstorm on GBPUSD | PriceONN Community

Hey @wildstorm, I feel you on protecting capital, especially when the market's acting a bit shy like it does in the Sydney session. But now that London's open and we're seeing some action, things are getting interesting. Honestly, I think that 1.3250 level you mentioned is more of a psychological support, but the real battle is around the 50 SMA at 1.3320. Remember that news about the Fed hinting at fewer rate cuts? That's still lingering and could be a drag on pairs like GBPUSD. I wouldn't be surprised if we see some inducement around 1.3380 before a potential move lower, especially if that resistance holds firm like news suggests. Sticking to breakeven is smart, but I'm watching for a potential short if we fail to break above that 50 SMA decisively.