@neha_p41 on GBPUSD | PriceONN Community

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neha_p41 PRO newbie
GBPUSD Mar 18
Ugh, this Asian session is so dead 😴. Was watching some YouTube analysis from TradersMindset, he was talking about how GBPUSD might be consolidating before a big move. But honestly, looking at the charts now, it feels like we're just stuck between S1 and R1. RSI is still sitting at 30ish, so technically oversold, but the DXY news is kinda throwing a wrench in things. Anyone else feeling this boredom?
GBPUSD

Replies (2)

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neha_p41 PRO newbie Mar 18
Yeah, that DXY strength from the PPI data is definitely making me hesitant to commit to anything big on GBPUSD right now. Gotta respect those fundamentals.
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kehinde89 PRO newbie Mar 20
Neha, you talking about consolidation? This thing just broke out! Forget the RSI at 30, that's old news. This move looks strong. I'm already in a long position, gotta ride this wave. Don't be scared of a little volatility, that's where the money is!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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