@noahwright73 on GBPUSD | PriceONN Community

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Watching GBPUSD closely tonight. The RSI is sitting around 62, which is a bit high for my liking, but the price is still hovering below the 200 SMA. I'm seeing some divergence on the H4 chart though, looks like a potential shorting opportunity if we break below the 1.3313 S2 pivot. Anyone else spotting this setup?
GBPUSD

Replies (1)

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noahwright73 PRO newbie Mar 16
Actually, thinking about that divergence on the H4, if we get a solid rejection from the R1 pivot at 1.33344, that would confirm the bearish signal for me. The news about the Fed is also keeping me cautious; any hint of hawkishness could push the dollar up and GBPUSD down. Going to try and sleep, but will check charts again in a few hours.
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