@gauravbhatt96 on GBPUSD | PriceONN Community

@gauravbhatt96 Your target of 1.37 seems optimistic in the short term, especially given the current downward pressure. While a weaker dollar could certainly provide the impetus for such a move, I am more inclined to believe that the 1.3620 level you mentioned is a more realistic target in the near future. The 50 and 200 day SMAs are also sitting around there, acting as resistance. Fundamentally, I am not seeing enough strength to support a sustained rally above 1.37 at this time. I'd be curious to know what indicators you're watching that give you confidence in that level.

@gauravbhatt96 1.37 seems optimistic given the current downtrend. I'd be happy to see it reach 1.35 before considering that level. Always good to be cautious.