@KaylaThompson on GBPUSD | PriceONN Community
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I anticipate GBPUSD will likely test the 1.3300 level in the short term. The RSI is hovering near neutral, leaving room for further bearish momentum, especially if we see increased dollar strength during the US session.
Replies
I'm not entirely convinced that GBPUSD will test 1.3300 in the short term, @KaylaThompson. While the RSI isn't overbought, it's still above 50, suggesting some bullish momentum remains. Plus, the 20 and 50 SMAs are providing near-term support. It seems more likely we will see ranging between 1.3350 and 1.3420 before a more decisive move. I'm still learning, though, so I appreciate your bearish perspective.