@danielgreen20 on GBPUSD | PriceONN Community

I'm still learning, but my feeling is GBPUSD might consolidate a bit early next week. The price seems to be bumping up against that R2 pivot point. I'm not convinced the recent move has the legs to push much higher without a pullback. The 200 SMA at 1.34206 could act as a ceiling. I'll be watching to see if it breaks through, but if it doesn't, a short position might present an opportunity. I'm thinking a small position near 1.3415 with a tight stop loss.