@shalinimehra on GBPUSD | PriceONN Community
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Given the current technical indicators for GBPUSD, I'm finding it difficult to ascertain a clear directional bias. The price action is consolidating near the pivot point, and the RSI is hovering around the neutral level. The SMAs are also providing mixed signals, with the 20-day SMA slightly above the 50-day SMA, but both below the 200-day SMA. What are your perspectives on the potential impact of upcoming macroeconomic data releases on GBPUSD, and how might these releases influence the short-term and medium-term trends? Any opinions on this?