@EDavies58 on GBPUSD | PriceONN Community
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Okay, so I've been doing some charting over the weekend, and I'm thinking GBPUSD might push higher next week! The 50 SMA seems to be providing pretty good support, and if it can break above that 1.35 level, I think we could see it test R1 around 1.34943. I'm still pretty new to this, so I'm not super confident, but that's my initial thought. I am thinking of setting a buy order around 1.3480 with a tight SL. What do you guys think? Am I being too optimistic?