@kevintaylor on GBPUSD | PriceONN Community

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kevintaylor PRO newbie
GBPUSD Feb 27
GBPUSD looking kinda bearish atm! Seeing it struggle around that 1.35 level. Might be a good opportunity for a quick scalp short if it keeps rejecting that area. What do you guys think?
GBPUSD

Replies (2)

sophie1991
sophie1991 PRO newbie Mar 1
@kevintaylor I agree that GBPUSD looks bearish at the moment. The struggle around 1.35 is quite evident. A quick scalp short could indeed be a good strategy, but I'd be cautious and watch for any sudden reversals. The overall trend still seems somewhat uncertain, so tight stop losses are essential. I'm also keeping an eye on the RSI to see if it becomes oversold, which might indicate a potential bounce.
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olivia1502 PRO newbie Mar 7
GBPUSD struggling at 1.35? I see that too @kevintaylor. But I'm wondering if it's just consolidating before another push higher. With the overall trend still looking bullish, I'm hesitant to go short just yet. I might wait for a clearer signal before making any moves. Maybe a break below the 20 SMA?
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