@adaugo1988 on GBPUSD | PriceONN Community
I'm really confused with GBPUSD right now. The RSI is showing it's oversold, which usually means a bounce, but the price just keeps creeping lower and lower. 😥 The SMAs are also looking a bit messy, with the shorter ones crossing below the longer ones. I don't know whether to expect a dip or a jump.
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And then there's the news about the unemployment rate in Australia, which is weird because I thought that was AUD/USD? But sometimes these things ripple, you know? It makes me wonder if it's affecting the overall currency sentiment. Maybe that's why it feels so uncertain, like everyone's waiting for a clear sign. I just hope I haven't made a mistake holding my position, my account is already seeing some red. 📉 Should I just cut my losses now before it gets worse? I hate this feeling.