@GeorgeMurphy on GBPUSD | PriceONN Community
G
Right then, let's have a proper look at GBPUSD, shall we? We've seen a decent bullish move today, pushing past some key moving averages. However, I'm a bit wary of the 200 SMA looming around 1.3577. That's going to be a significant hurdle. If we can crack that, then we're talking about a potential run towards 1.36, maybe even a bit higher. On the downside, a break below 1.3510 would suggest a possible retracement back towards the 1.3480 level. I'm thinking a tight stop loss is a good idea, just in case things get a bit squirrely. But overall, the trend seems to be favouring the upside for now... until it isn't, of course. Remember folks, trading is just gambling with extra steps! Happy trading!