@chall47 on GBPUSD | PriceONN Community
I'm trying to apply some technical analysis to GBPUSD, and I'm a bit unsure. The RSI is around 49, which seems pretty neutral. However, the price is below the 50 and 200 SMAs, but above the 20 SMA. This seems like mixed signals to me. Does anyone have a good strategy for dealing with conflicting indicators like this? I'm thinking maybe waiting for a clearer break above the 50 SMA at 1.3587 before considering a long position. Any advice would be appreciated!