@arjunverma32 on GBPUSD | PriceONN Community

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arjunverma32
arjunverma32 PRO newbie
GBPUSD Mar 2
Is it just me, or is GBPUSD looking particularly bearish today? The price action is consistently downwards, and the RSI is below 40. I'm trying to understand if this is a temporary dip or the start of a longer downtrend. Still learning to analyze these patterns effectively. Any thoughts?
GBPUSD

Replies (1)

arjunverma32
arjunverma32 PRO newbie Mar 2
Update: Just noticed the SMA 20 crossing below the SMA 50. That seems like a strong bearish signal. Might consider a small short position if it breaks 1.3390. Though I'm still hesitant given the volatility.
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