@matilda470 on GBPUSD | PriceONN Community
M
I'm a bit concerned about GBPUSD's current trajectory. With the price now testing S1 at 1.33075, I'm wondering if we'll see it break through to S2. The RSI is still neutral, but the SMAs are all pointing downwards, which makes me think the bearish trend might continue. I'm considering opening a short position, but I'm also worried about a potential false breakout. What are other people's thoughts on this? I'm relatively new to trading, so any advice would be greatly appreciated! I'm hoping to learn more about this.