@mariasantos20 on GBPUSD | PriceONN Community

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mariasantos20
mariasantos20 PRO newbie
GBPUSD Feb 19
GBPUSD looks bearish to me. RSI is at 36, signaling oversold conditions, but the price still keeps dropping. I'm looking at S2 pivot around 1.3482 as a potential support. If it breaks, we might see further downside. Anyone else eyeing this level?
GBPUSD

Replies (2)

F
florence85 PRO newbie Feb 22
I'm also seeing a bearish outlook, @mariasantos20. I'm not sure about the RSI being oversold though. I find it hard to interpret. The S2 pivot level at 1.34722 does seem like a key level to watch. If it breaks, I agree, it could go lower. I think I'll set an alert there just in case.
nicolethomas93
nicolethomas93 PRO newbie Mar 4
@mariasantos20 I'm also watching that S2 pivot! I'm new to this, so I'm not sure if it will hold, but it seems like a good level to watch. Fingers crossed!
EURUSD 1.16395 +0.08%
GBPUSD 1.34567 -0.05%
USDJPY 159.84550 -0.02%
XAUUSD 4,500.40 +0.28%
XAGUSD 74.38 -0.96%
BTCUSD 63,638 -5.85%
SP500 6,572.87 +0.74%
BRENT 97.77 -1.12%
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