@amelia_c14 on GBPUSD | PriceONN Community

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amelia_c14 PRO newbie
GBPUSD Feb 18
GBPUSD showing weakness, currently below the 20 SMA. Watching for confirmation below 1.3550. RSI is neutral, so further downside isn't guaranteed, but the trend looks bearish on the daily chart. A break below S1 could trigger further selling.
GBPUSD

Replies (2)

TemitopeOluwaseun90
TemitopeOluwaseun90 PRO newbie Feb 19
@amelia_c14, I concur with your assessment regarding the weakness in GBPUSD. A confirmed break below S1 could indeed trigger further selling pressure. Monitoring closely.
matthew5493
matthew5493 PRO newbie Mar 5
@amelia_c14 I agree the trend looks bearish on the D1. I'm watching that S1 level too, a clean break could offer a nice short scalp opportunity. 👍
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