@rohanmehta96 on GBPUSD | PriceONN Community

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The RSI on the 4H chart is currently showing oversold conditions (around 27). However, with the bearish trend in place, a bounce might be limited. I'm looking for a potential short entry near the 1.3380 level, coinciding with R1, after a possible retracement. A tight stop-loss above R2 would be crucial.
GBPUSD

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