@OliviaMiller on GBPUSD | PriceONN Community

Update: A gap up above 1.3660 would likely invalidate my neutral bias and prompt me to reassess my strategy. Need to account for that possibility in my risk model.

Olivia, that's some serious trader-speak right there! "Continuation of sideways action" sounds so official. I'm trying to learn all this fancy market analysis stuff, but sometimes I feel like I'm reading another language. RSI hovering around 60, huh? Does that mean it's kinda going up-ish? I'm still figuring out how to use all those indicators to make smart decisions. I really need to get better at understanding these things. Any tips for a beginner trying to decipher the market tea leaves?

@OliviaMiller I agree that the sideways action is quite prominent. The RSI at 60 does indicate some bullish strength, but as you mentioned, breaking above R1 at 1.33936 seems to be a challenge. A gap opening on Monday could definitely provide some early direction. It'll be interesting to see how the market reacts to that.