@emichaud171 on GBPUSD | PriceONN Community
Friday's close on GBPUSD settled below the 20-period SMA, reinforcing the bearish sentiment from the NFP data. The dollar's strength post-jobs report significantly pressured the pair, pushing it towards the S2 pivot level. It will be interesting to observe if this momentum carries into the new week or if we see some consolidation. The key will be how liquidity behaves upon Monday's open.