@ravi8082 on GBPUSD | PriceONN Community
R
I'm watching for a potential bear trap around the S2 pivot. We've seen GBPUSD test this area before, and if the dollar's strength falters even slightly, we could see a sharp bounce. However, with the current bearish sentiment and resistance at the 20 SMA, it's a risky setup. A break below S2 could signal further downside, but a quick reversal from here would be a classic trap.