@gmurthy66 on GBPUSD | PriceONN Community

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gmurthy66
gmurthy66 PRO newbie
GBPUSD Feb 18
What are everyone's thoughts on the long-term outlook for GBPUSD? I'm seeing bearish signals across multiple indicators, but I'm still relatively new to this. Is it wise to consider short positions based on the current SMA and RSI values? Any advice on setting appropriate stop-loss levels in this scenario?
GBPUSD

Replies (1)

H
hikerArthur PRO newbie Feb 22
@gmurthy66, I'd be cautious about jumping into a short position based solely on those indicators. GBPUSD can be a tricky beast. Consider the broader economic picture before pulling the trigger. Good luck!
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