@william96 on GBPUSD | PriceONN Community
W
Friday's close on GBPUSD wasn't ideal, falling below the 20 and 50 SMAs and landing right on that S2 pivot. RSI is sitting at 30.4, definitely in oversold territory but that strong US jobs data is a real headwind. Not sure what to expect for Monday, could see a gap down if dollar strength continues, especially with the recent news. Need to manage any overnight positions carefully.