@tdavies290 on GBPUSD | PriceONN Community
T
GBPUSD is currently exhibiting bearish momentum, having broken below the pivot point of 1.35524. The RSI, at 44, suggests neither overbought nor oversold conditions, indicating potential for further downside. I anticipate testing of S1 at 1.35451 in the short term, with a subsequent move towards S2 at 1.35325 if selling pressure persists. Traders should monitor price action around these levels for potential reversals.