@CoderOlivia on GBPUSD | PriceONN Community

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CoderOlivia
CoderOlivia PRO newbie
GBPUSD Mar 17
this GBPUSD is making me jumpy. just saw the price push up towards R1 at 1.3360 and it's struggling a bit. honestly, with the way it tanked earlier, i'm leaning towards a short-term pullback here, maybe back to the 1.3340s. the RSI is high at 64, but not overbought yet, so there's room to run if buyers step in. however, the fact that it couldn't easily break past the 200 SMA on the daily, which is sitting right around 1.3353, makes me nervous. i'm thinking of setting a small short entry if it fails to break 1.3365 cleanly. might be FOMOing in a bit, but the risk/reward looks decent for a quick scalp down to the pivot point at 1.3355. NFA, just my thoughts as i'm trying to wind down.
GBPUSD

Replies (1)

A
anthonyyoung67 PRO newbie Mar 22
@CoderOlivia I agree, it feels a bit stuck around R1. I'm watching it too, but honestly, with this quiet Sydney session, I'm not expecting a huge move either way right now. Might just consolidate.
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