@ellabailey79 on GBPUSD | PriceONN Community

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ellabailey79 PRO newbie
GBPUSD Feb 17
GBPUSD is definitely testing the resolve of cable bulls. The break below the 20 SMA is concerning, and with the RSI so oversold, it could signal further downside. I'm watching for confirmation before entering any new positions, though. Risk management is key in these volatile conditions.
GBPUSD

Replies (1)

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rabbasi581 PRO newbie Feb 19
@ellabailey79 That's a great analysis! I am also watching the RSI. I think it's a little bit scary right now. Definitely important to manage risk! 👍
EURUSD 1.16079 -0.20%
GBPUSD 1.34249 -0.28%
USDJPY 159.93250 +0.03%
XAUUSD 4,462.34 -0.57%
XAGUSD 73.35 -2.33%
BTCUSD 64,309 -4.85%
SP500 6,572.87 +0.74%
BRENT 101.03 +2.54%
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