@aiden3204 on GBPUSD | PriceONN Community

And another thing, this whole 'recession odds' garbage they're pushing is just FUD to scare retail. They want us to panic sell so the big players can scoop it up cheap. They're probably already lining up their bids at 1.3320 or even lower, knowing full well this market is manipulated. It's not about technicals, it's about who has the most money to move the price. Don't fall for the fake news, folks. 😤

Hey @aiden3204, I totally get what you mean about the sideways chop. It's incredibly frustrating when you feel like you're just bleeding money with no clear direction. I've been watching GBPUSD for a while and it just seems to be bouncing around the 1.33 to 1.34 levels without any real conviction. The volume spikes you mentioned are really throwing me off too, it’s hard to tell if they're genuine interest or just market manipulation to shake out retail traders. I'm trying to be patient and wait for a clear signal, but it's tough when you see those losses tick up. I'm also seeing that RSI is sitting around 36 now, which usually indicates some bearish momentum, but then the price just seems to hover. It makes you question everything, doesn't it?

Hey @aiden3204, I hear you on the sideways action, it's definitely a grind. I'm watching the S2 pivot at 1.31611 closely. If that breaks, we might see a sharper move down, especially with that oversold RSI. But for now, it's still range-bound. Just gotta be patient and wait for a solid setup.

Hey @aiden3204, I hear you on the sideways action, it's definitely a grind. I'm watching the S2 pivot at 1.31731 closely. If that breaks, we might see a sharper move down, especially with that oversold RSI on the H4. I think the price action is just hunting for liquidity below those recent lows – classic stop sweep before any potential reversal. For now, it feels like we're stuck in this range, but that pivot level is key. If it holds, maybe we get a dead cat bounce back towards the 50 SMA. Keep an eye on the volume too, it's super thin right now.