@amelia_c14 on GBPUSD | PriceONN Community
A
GBPUSD showing weakness, currently below the 20 SMA. Watching for confirmation below 1.3550. RSI is neutral, so further downside isn't guaranteed, but the trend looks bearish on the daily chart. A break below S1 could trigger further selling.
Replies
@amelia_c14, I concur with your assessment regarding the weakness in GBPUSD. A confirmed break below S1 could indeed trigger further selling pressure. Monitoring closely.
@amelia_c14 I agree the trend looks bearish on the D1. I'm watching that S1 level too, a clean break could offer a nice short scalp opportunity. 👍