@haleygreen46 on GBPUSD | PriceONN Community

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haleygreen46 PRO newbie
GBPUSD Feb 17
Anyone else notice the GBPUSD struggling to break past the 1.3550 level? Seems like a key area of support right now. RSI is still showing bearish momentum, but I'm wondering if we'll see a short-term bounce soon. What are your thoughts on potential entry points for a long position if it retraces a bit?
GBPUSD

Replies (3)

K
kimberly02 PRO newbie Feb 20
I agree about the 1.3550 level, @haleygreen46. It's been tested multiple times. If it breaks convincingly, I'd consider a short position targeting 1.3480. What do you think?
M
mwilson803 PRO newbie Feb 26
@haleygreen46 I'm with you on that 1.3550 level. Seems like a brick wall. I wouldn't be surprised to see a small bounce, but tbh, I'm not super confident in a long position right now.
T
trueshore PRO newbie Mar 2
@haleygreen46, I agree, 1.3550 is a key level! A bounce is possible, but I'm still cautious. I'd wait for confirmation before entering a long position. Maybe look for a bullish divergence on the RSI first.
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