@angelicapadilla54 on GBPUSD | PriceONN Community

@angelicapadilla54 I saw your comment about scaling into the short. I understand the logic, especially after breaking 1.3320 and hitting that S1 pivot. However, I'm a bit hesitant to commit to shorts just yet. While the dollar might gain some traction following the Fed's stance, the RSI on the H4 chart seems to be flirting with oversold territory, as Ngozi pointed out. This could suggest some near-term bounce potential. Also, with the ongoing geopolitical tensions causing crude oil prices to surge past $105, there's a lot of uncertainty. I'm worried that the market might react unpredictably to these broader risks. Perhaps waiting for a clearer signal after Monday's open would be prudent. What are your thoughts on how these macro factors might influence your short position?