@chloeryan67 on GBPUSD | PriceONN Community
C
The Bollinger Bands indicate increased volatility, with the price testing the upper band. However, considering the 200-day SMA around 1.34227, I'm a bit hesitant to enter a long position just yet. I'll be monitoring the price action around that level to see if it breaks through with sufficient volume. What are others' thoughts on this resistance?