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Looking at GBPUSD, the 50-day SMA is currently acting as resistance around 1.3590. If we see a break above that level, it could signal a bullish move. However, the RSI is still below 50, so I'm hesitant to commit fully. I'll be watching closely for confirmation before entering any long positions.
@dthomas743 I agree that the 50-day SMA is a key level to watch. But tbh, I'm not convinced we'll see a sustained breakout above it yet. The overall trend still looks bearish to me, and the RSI needs to confirm. It's always good to be cautious tho!
