Potential short opportunity forming on GBPUSD. Watching for a break below S1 at 1.36279. SL around 1.3635. Targetting S2 at 1.36268 initially, with potential to extend lower if momentum continues. RSI confirming the downward move.
While a short opportunity might be tempting @matthewthomas27, I'm cautious about going against the current bullish momentum. The S1 break you're watching is interesting, but the RSI, although showing some downward movement, is still indicating bullish sentiment overall. I think waiting for further confirmation before entering a short position would be wise.
