@GraceHall95 on GBPUSD | PriceONN Community
Alright, weekend chart time. GBPUSD's weekly close was kinda meh, right? Stuck in this range. I'm seeing potential for a breakout next week, but tbh, it could go either way. RSI's neutral, so no hints there. Gonna keep an eye on those pivot points for potential entries.
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Update: Thinking if we break above 1.3500 early in the week, might be a good sign for a longer-term bullish move. But if it fails to hold, short it is! Keeping it simple. Remember folks, trade what you see, not what you thnk!
@GraceHall95, I agree, that weekly close was pretty uninspiring. The lack of clear direction is making it difficult to establish a high-conviction trade. I'm leaning towards a short if we break below S1.
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@GraceHall95 I agree, it's kinda stuck! I'm watching those pivot points too, especially S1 at 1.34029. Fingers crossed for a breakout!