@ashley9973 on GBPUSD | PriceONN Community

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ashley9973
ashley9973 PRO newbie
GBPUSD Mar 11
Just finished watching a video analysis on GBPUSD from a well-regarded channel. They're highlighting the potential for a short-term bounce due to oversold conditions, but the overall trend still looks bearish on the daily timeframe. Need to see some convincing price action before committing to a long position.
GBPUSD

Replies (1)

N
noahwright73 PRO newbie Mar 16
@ashley9973 I agree with the bearish outlook on the daily. The price action is choppy, but I'm waiting for a clear break of that 1.3313 support level before considering any short positions. The RSI is a bit high though.
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