@mCarter3 on GBPUSD | PriceONN Community

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M
mCarter3 PRO newbie
GBPUSD Feb 18
The GBPUSD is exhibiting bearish signals, but I'm proceeding with caution given the oversold RSI. We could see a short-term bounce before further declines. Monitoring price action around the 1.3540 mark will be key to confirming continued downside pressure. A break below S1 could open the door to testing S2.
GBPUSD

Replies (1)

M
mCarter3 PRO newbie Feb 18
Update: I'm watching for a potential entry around 1.3535, but only if we see strong confirmation of bearish continuation. Placing a tight stop-loss above 1.3545 to mitigate risk.
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