@G_Aquino on GBPUSD | PriceONN Community

Hi @G_Aquino, I see your point about the bullish engulfing candle. It's a classic pattern and certainly suggests a shift in sentiment. Given the current RSI is at 65.3 and the price is flirting with the R1 pivot, a break above 1.3570 could indeed lead to further upside. However, it's worth noting that the Asian session often has thinner liquidity, so any move might be less sustained. I'll be keeping an eye on the 200-period SMA on the 1-hour chart as a potential longer-term trend indicator if this bullishness continues. For now, confirming that break of 1.3570 is key.