@JessicaMiller on GBPUSD | PriceONN Community

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JessicaMiller
JessicaMiller PRO newbie
GBPUSD Mar 12
I'm noticing a potential bearish engulfing pattern forming on the H4 chart for GBPUSD. If the current candle closes below the previous one's open, it could signal further downside. I'll be watching the RSI closely to confirm, as it's currently hovering around 34. Keep an eye on the 1.3330 level as immediate support.
GBPUSD

Replies (1)

J
jessica4054 PRO newbie Mar 12
@JessicaMiller I'm seeing that bearish engulfing too. But with the dollar so strong right now because of geopolitical stuff, I'm wondering if it's a reliable signal. Might be a false alarm before a bigger drop. I'll wait for more confirmation before jumping in short.
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