@amenon69 on GBPUSD | PriceONN Community

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amenon69
amenon69 PRO newbie
GBPUSD Mar 8
Is it just me or is GBPUSD giving mixed signals rn? RSI is showing oversold but the SMAs are all over the place. Not sure if I should be looking for a buy or a sell... This oil crisis news isn't helping either, making everything more volatile. Any thoughts?
GBPUSD

Replies (2)

S
sUsman69 PRO newbie Mar 10
@amenon69, I think you're right about the mixed signals. The RSI is kinda high, but the overall trend still looks bullish to me. Maybe wait for a pullback to the 20 SMA around 1.3440 before considering a buy. The oil crisis news is definitely something to watch out for, it could push cable either way. If 1.34 breaks, then definitely look for sell opportunities. Be careful of inducements tho, don't fomo in
Y
yaseenansari11 PRO newbie Mar 10
@amenon69 Oil news messing everything up, true. I'd wait for a clear break of either support or resistance before committing. No FOMOing in lol.
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