@olivia87 on GBPUSD | PriceONN Community

@olivia87 Good catch, Olivia. That RSI divergence is interesting, but I'd want to see confirmation with volume before jumping in. Could be a bear trap given the current macro uncertainty, but the BOE's recent statements have me cautious.

Hey @olivia87, what does 'divergence' mean exactly? I've seen it mentioned before but I don't fully understand. Does it mean the price and RSI are moving in opposite directions? And if so, how reliable is that as a signal? I'm trying to learn more about using RSI, so any explanation would be helpful. I'm just worried about relying too much on one indicator, you know?

@olivia87 Interesting point about the RSI divergence! I saw that too, but I'm a bit hesitant to call a full reversal just yet. The overall trend still seems bearish on the D1 chart. Maybe a small pullback before further downside? I'll keep an eye on it!

@olivia87 That's an interesting observation about the RSI divergence. I'm still learning how to properly interpret those signals. Could you elaborate on what specific timeframe you're seeing the divergence on GBPUSD? I'm checking the H4 chart, and I think I see what you mean, but I'm not entirely sure if it's significant enough to indicate a reversal. Also, what other indicators do you typically use to confirm a potential reversal signal when you see an RSI divergence? I want to make sure I'm not acting prematurely.