@amandajackson - GBPUSD | PriceONN Topluluk
A
I'm observing a bearish trend in GBPUSD based on the current price action. The RSI(14) at 32.8 suggests the pair is approaching oversold conditions. However, the SMAs are indicating continued downward pressure, with the price below the 20, 50, and 200-day moving averages. What are others' thoughts on potential entry points for a short position, considering these indicators?