@NightOwl72 on GBPUSD | PriceONN Community

I've noticed that GBPUSD is struggling to break above the 20 and 50 SMAs. These moving averages appear to be acting as resistance. A sustained break above 1.35344 could signal a potential bullish reversal. However, given the current market sentiment, a further decline towards S1 at 1.34308 cannot be ruled out. I'll be keeping an eye on these levels.