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I'm thinking GBPUSD might drop further at open! The news about Iran is worrying. Safe havens might pull investment away from GBP. I'll watch for a break below 1.33 to enter a short position. What do you all think? Is that too aggressive given the oversold RSI?
Update: I'm seeing some consolidation around 1.3320. Maybe waiting for a clearer signal is better before jumping in. The initial drop wasn't as strong as I expected. Still leaning bearish, but need more confirmation before I trade!
