@mjackson517 on GBPUSD | PriceONN Community
M
My analysis suggests a potential short opportunity on GBPUSD in the near term. The pair has been struggling to break above the 1.3370 resistance, and the RSI is currently hovering around 54, indicating neutral momentum. I anticipate a possible pullback towards the 1.3300 level. A break below that could trigger a further decline towards 1.3250. I'll be monitoring price action closely for confirmation signals, such as bearish candlestick patterns or a break of the lower Bollinger Band. SL placement above the recent high at 1.3375.