@chloe7579 on GBPUSD | PriceONN Community
Anyone else getting a 2016 vibe from this GBPUSD chart? I remember back then, we had a similar slow climb followed by a pretty significant drop. I'm wondering if we're setting up for something like that again. Maybe I'm just seeing things, but it's definitely making me cautious about getting too bullish right now.
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Update: Looking at the D1 chart now, and that 200 SMA around 1.342 is looking like a pretty strong resistance level. If it fails to break through that, my 2016 comparison might hold some water. I'll keep watching. Still learning all this, but it's fascinating!