@oliver8082 on GBPUSD | PriceONN Community

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O
Reviewing the GBPUSD charts over the weekend, the pair's struggle around the 1.34 level is quite evident. The RSI at 60.7 suggests bullish momentum, but the 200-day SMA looming at 1.34206 could act as a significant resistance. I'll be watching closely for a breakout above this level next week to confirm a sustained upward trend. The Bollinger Bands indicate a tight range, so a breakout in either direction is possible.
GBPUSD

Replies (1)

O
oliver8082 PRO newbie 3h
Update: It's also worth noting the pivot point at 1.33873. A break below this level could signal a potential retracement towards S1 at 1.33791. Will keep an eye on Monday's opening price relative to this.
EURUSD 1.16133 +0.05%
GBPUSD 1.34004 +0.35%
USDJPY 157.82200 +0.17%
XAUUSD 5,171.51 +1.78%
XAGUSD 84.43 +2.77%
BTCUSD 67,073 -1.78%
SP500 6,737.10 -1.16%
BRENT 65.73 +1.96%
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