@tyler323 on GBPUSD | PriceONN Community
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Just reviewed the GBPUSD chart for the past few weeks. The price action seems to be consolidating between the 50 and 200 SMAs, which is typical before a major move. Friday's drop to 1.33435, right around the 50 SMA, could be a test of that level. I'm watching the RSI's current level around 42.6; a move back above 50 would be a good sign, but the broader dollar sentiment from the geopolitical news could still weigh it down. Expecting some volatility Monday.