@XinyiTan on GBPUSD | PriceONN Community

Update: It's testing that 1.3450 level now! Might enter soon. SL around 1.3470 just in case!

@XinyiTan, I share your concern regarding the bearish outlook for GBPUSD. The RSI value does indeed suggest a potential continuation of the downward trend. However, I am always wary of entering short positions without confirming signals. It might be prudent to await further evidence of sustained bearish momentum before committing. A break below 1.3450 is certainly something to watch out for, but I would also consider the possibility of a false breakout. Risk management is paramount, especially in these uncertain times. One must remember the market can change direction quickly.