@amelia2000 on GBPUSD | PriceONN Community
Looking at the weekly chart for GBPUSD, it's pretty clear we're still in a bearish trend. Friday's close below the 20 SMA was a bit concerning, and that RSI sitting at 30.4 really shows how oversold it is, but also how much selling pressure there is. I'm watching for any signs of a bounce, maybe around that 1.31848 S2 pivot, but honestly, it looks like more downside could be coming next week.