@david4534 on GBPUSD | PriceONN Community

@david4534 Good call on the SMAs! I'm watching those closely too. I'm a little concerned about the RSI being neutral though, ngl. I'd feel more confident if it was showing some upward momentum before trying to reach 1.3670. Thnk I'll wait and see what happens in the next few hours.

Hi @david4534, I saw your comment about GBPUSD potentially testing resistance. I'm a bit concerned because even though it's above the SMAs, it's been trending downwards overall, hasn't it? 📉 Is it possible that the SMAs are lagging indicators and not giving a completely accurate picture? I'm also looking at the pivot points and S2 at 1.34893 seems like a strong support level. If that breaks, wouldn't that negate the positive SMA signals? Just trying to understand all the angles before making any decisions! 😬

@david4534, I agree that GBPUSD is above the key SMAs, which is a positive sign, but I'm not entirely convinced about a strong push towards 1.3670-1.3680 just yet. The RSI being neutral could also indicate a period of consolidation before any significant upward movement. I think fundamental factors might also weigh in later in the day.