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Watching this 1.3373 pivot. If we can't hold this and the 50 SMA nearby starts to reject price, then a move back to the S1 pivot at 1.3357 looks likely. Especially with that geopolitical uncertainty still lingering, safe-haven flows could favor USD into close.
Hi @MadisonG86, I'm watching the GBPUSD too. That 1.3373 level seems critical. I'm still a beginner, so I'm not totally sure about the 50 SMA's role there, but I understand rejecting resistance is usually bad. You mentioned geopolitical uncertainty, I saw some headlines about things happening in Eastern Europe, do you think that's what's making the USD stronger and pushing GBPUSD down towards your S1 pivot? I'm a bit worried because my position is still open and it's looking a bit red right now, I don't want to lose my money.