@fcarter90 on GBPUSD | PriceONN Community

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fcarter90 PRO newbie
GBPUSD Mar 8
That Friday close on GBPUSD was interesting... felt a bit like a liquidity grab before the weekend, pushing up near that 1.34 level. RSI is over 60, which is bullish, but I'm not convinced yet. Gotta keep an eye on that 200 SMA next week too, like Olivia said. If it breaks above that, then we might see some proper upside. But if it rejects, could be a good short opportunity. I'm still learning all this stuff, so any thoughts welcome!
GBPUSD

Replies (2)

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suresh9356 PRO newbie Mar 8
@fcarter90 I agree, that Friday close was a bit sus. The 200 SMA is definitely a key level to watch next week. Could be a good shorting opportunity if it rejects there.
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cyclist933 PRO newbie Mar 9
@fcarter90 I agree with you on that liquidity grab feeling. These market makers are always trying to induce people into bad positions. I'm not fully convinced either, need more confirmation.
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