Hi everyone, I'm new to this. I'm seeing GBPUSD oversold on the RSI right now. Does that mean it's definitely going to go up soon? Or could it stay oversold for a while? I'm trying to learn when to actually enter a trade based on these signals. Any advice would be appreciated!
Update: I'm also looking at the pivot points. S2 is at 1.34944, so I guess that's a support level? If it breaks that, then it could go even lower? Still trying to figure out how to combine all this info to make a good decision. thnk it's a bit confusing tbh
