@babatundeadewale on GBPUSD | PriceONN Community

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B
Anyone else seeing that hammer forming on the H4 chart??? Could be a reversal signal if it closes strong. Gotta watch the volume though... if it's weak, it's just noise. But if we get some confirmation, might be a good buy the dip opportunity. Going to bed now, will check in the morning. Hope the Asian session doesn't sweep the lows while I'm out lol.
GBPUSD

Replies (1)

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bscott342 PRO newbie Mar 14
@babatundeadewale I saw that hammer too. RSI is oversold on the daily, but with the dollar strength from the Iran news, I'm hesitant to golong just yet. Need to see a stronger confirmation before I'd consider buying the dip near 1.32.
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