@aali178 on GBPUSD | PriceONN Community
A
I'm still trying to understand how to best use pivot points in my analysis. The current pivot point for GBPUSD is 1.36388. Does this mean it's likely to bounce around that level, or is it more of a general area of interest? Also, how reliable are these pivot points in predicting future price movements? I've noticed that sometimes the price completely ignores them. Any insights or resources would be greatly appreciated. I'm looking at long-term holds, so I want to make sure I'm understanding the charts correctly before I make any decisions.