@lachlanscott87 on GBPUSD | PriceONN Community
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Interesting points from both @emily9912 and @DanielPhoto. Emily, I agree that the price action around 1.3550 felt like a rejection, and the RSI is definitely looking toppy at 73. It's a bit concerning given the recent dollar weakness on the back of easing geopolitical tensions and potential Fed policy shifts. I'm also watching the MACD crossover like you. Daniel, that 1.3480 area with the 200 SMA and S1 pivot is a key confluence zone. If we do see a gap down on Monday's open, that's where I'd be looking for potential shorts to cover or longs to enter, assuming no major news breaks over the weekend. The oil surge on the Iran conflict is a wild card though, could impact risk sentiment. For now, I'm just watching and waiting for clearer direction early next week. Planning to stay flat until Monday's open.