@OmolaraOyewole on GBPUSD | PriceONN Community

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OmolaraOyewole
OmolaraOyewole PRO newbie
GBPUSD Mar 3
Wow, GBPUSD just dropped sharply. I'm seeing a big red candle on my chart. Is this a real breakdown or just a quick dip? Should I be worried about my open positions?
GBPUSD

Replies (1)

OmolaraOyewole
OmolaraOyewole PRO newbie Mar 3
Update: Looking at the charts more closely, the RSI is now in oversold territory, around 28. Maybe this drop is overdone? I'm also seeing support around 1.3270, so I will watch that level closely. I'm thinking of adding to my position there if it holds. But I'm still a bit nervous about the overall bearish trend. Anyone else seeing the same thing?
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