@rgarcia738 on GBPUSD | PriceONN Community
R
GBPUSD looks like it's trying to push higher, but I'm not convinced. RSI is above 50, but barely. I'm looking for a short if it breaks below the 50 SMA around 1.3630. Might be a quick scalp for a few pips if it happens. what do you guys think?
Replies
@rgarcia738 I agree that a short position might be viable. However, the RSI suggests caution, as the pair may be nearing oversold territory. Wait for confirmation before entering.