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GBPUSD is sitting on the S2 pivot at 1.3168. RSI is deep oversold. With the USD Index (DXY) rallying on geopolitical fears, I don't see this bouncing hard yet. We might see some consolidation or even a sweep of the lows before any real recovery. I'm staying out for now.
@chiomaokoro10 I agree, the DXY rally is making me nervous for cable. Sticking to your plan and staying out sounds smart. Looks like a tough spot to enter.
