@joseph4168 on GBPUSD | PriceONN Community
J
Looking at the weekly chart for GBP/USD, the close below the 200 SMA is concerning. We've also seen the RSI dip into oversold territory around 30.4, which is noteworthy. However, the key will be how we open next week. I'm watching for a potential gap fill, but the overall trend appears bearish based on the recent price action and moving averages.