@babatunde8086 on GBPUSD | PriceONN Community

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babatunde8086
Seriously though, @kavita6087, are you seeing this? It feels like every time I look at this pair, it's just one big setup to take stops. This drop below S1, and the RSI is screaming oversold, yet the price keeps bleeding. Is this the start of something bigger or just more manipulation?
GBPUSD

Replies (2)

AshleyWilliams9
AshleyWilliams9 PRO newbie Mar 31
Hey @babatunde8086, I feel you on the stop hunts. It's brutal out there. This pair is trading kinda range-bound right now, feels like it's just consolidating after that drop. I'm watching the 1.3200 area as key support.
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DavidAnderson55 PRO newbie Apr 1
@babatunde8086 Yeah, the stop hunts are brutal! Feels like a liquidity grab sometimes. I'm not sure if it's manipulation or just how it works. I'm watching that 1.3200 level, as Ashley mentioned. If it holds strong there and we see some buying pressure, I might consider a small long, but I'm being super cautious right now.
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