@michael5237 on GBPUSD | PriceONN Community

Hey @michael5237, I understand the anxiety heading into Monday's open. That closing price around 1.3530s felt a bit precarious, especially with the RSI showing overbought conditions. While the geopolitical noise is definitely a factor to monitor, I'm leaning towards the technicals holding up. The 200-day SMA is sitting at 1.3522, and the pivot point was just above that. My primary concern is indeed a potential gap, but I'm hoping it won't be too severe. I'll be watching the 1.3513 S2 pivot level closely on the open. Let's hope for a controlled start to the week.

Hey @michael5237, I hear you on the weekend anxiety. This gap risk is always a pain, especially when you're holding positions. But honestly, the RSI hitting overbought levels on Friday around 73.4 is what's really bothering me more than the geopolitical stuff. I'm thinking we might actually see a retracement early next week, maybe test that S1 pivot around 1.3520 or even down to the main pivot at 1.35239 if things get dicey. It's hard to go long with that RSI screaming sell. I'm just hoping it doesn't gap down too hard on Monday open, or I might have to cut my losses sooner than planned. Still, for now, I'm just watching and waiting.