@NicoleAllen on GBPUSD | PriceONN Community

I've noticed that the 200-day SMA is currently around 1.34496, quite a bit higher than the current price of GBPUSD. Historically, has anyone observed GBPUSD reacting strongly to this particular moving average? I am wondering if this could act as a significant resistance level if the price attempts to recover. I am also curious if others believe that this distance between the price and the 200 SMA indicates a longer-term bearish trend for the pair. Any thoughts on this would be appreciated.