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Looking at the weekly close on GBPUSD, it's pretty much flat. RSI is indecisive, SMAs are tangled... makes me think we'll see ranging for a bit. Unless that Iran news blows things up. Expecting some volatility at open, tbh, but overall a choppy week ahead unless there's a clear catalyst.
Update: if the Iran situation escalates, GBPUSD could see a flight to safety into USD, so keep an eye on that. A break below 1.34651 (S2) would confirm the bearish sentiment imo. Otherwise, I'm sticking to my ranging prediction, playing the bounces off support and resistance.
