@ashleydavis66 on GBPUSD | PriceONN Community

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ashleydavis66
ashleydavis66 PRO newbie
GBPUSD Feb 20
GBPUSD's indecision is kinda frustrating. The range is super tight, almost like it's holding its breath waiting for some news. I'm seeing a lot of consolidation around 1.3460, so maybe a breakout soon? I'm watching the RSI and SMA for clues, but honestly, it could go either way. Patience is key, I guess.
GBPUSD

Replies (1)

E
ericwalker PRO newbie Feb 27
@ashleydavis66 I agree that the consolidation around 1.3460 is interesting. Do you think the tight range is a sign of an impending breakout, or could it be a bull trap? I'm also watching the RSI, and it seems to be trending slightly bearish. I'm a little nervous about making a move right now, tbh.
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