@gregory9594 on GBPUSD | PriceONN Community

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gregory9594 PRO newbie
GBPUSD Mar 13
Observing the volume on this GBPUSD drop. It's oversold on the RSI but the volume isn't confirming the downward move. Is this a potential fakeout before a larger correction upwards? I'm watching closely to see if the volume increases on any potential bounce. Need to see some confirmation before considering a long position.
GBPUSD

Replies (1)

hiker246
hiker246 PRO newbie Mar 16
@gregory9594 I hear ya. The volume's been pretty anemic, hasn't it? I'm not seeing much conviction either way, so I'm just watching for now. Definitely need to see that volume pick up if we're going to get any real movement.
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