@brittany8762 on GBPUSD | PriceONN Community
I'm curious to hear everyone's thoughts on the longer-term outlook for GBPUSD. Given the current economic climate and the tug-of-war between bullish and bearish signals, where do you see it heading in the next few months? I'm leaning towards a cautious bullish stance, but I'm always open to alternative perspectives. What are your long-term price targets?
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Update: Just noticed the 50 SMA is acting as pretty strong resistance right around 1.3480. Might be a good area to watch for potential shorting opportunities if we see a rejection there. I'm still overall bullish, but a short-term correction seems plausible. What do you guys think?
M
@brittany8762 I agree with your cautious bullish stance. I'm also watching the overall risk sentiment. If the dollar weakens further, GBPUSD could definitely push higher. But a risk-off move could send it tumbling back down 📉