@EmilyTaylor on GBPUSD | PriceONN Community

Oh and I was also wondering if that 1.32 support will hold. Seems like a key level to watch next week. Hopefully no big surprises!

Hi @EmilyTaylor, I completely understand the dilemma! Waiting for the market to open can be agonizing, especially when you're seeing conflicting signals. That RSI reading is definitely worth noting, but as you said, catching a falling knife is a real risk. I'd lean towards waiting for confirmation rather than setting a blind buy order. Perhaps a break above a short-term resistance level, like the 1.33 area, would give you more confidence. Don't let FOMO drive your decisions!

Hey @EmilyTaylor, I get the 'falling knife' fear too. This quiet market makes it tricky. That RSI is really high though, pushing into overbought territory. Might be worth watching for a pullback, but with this slow session, it could just drift sideways for a bit longer before any big move. Patience is key right now.

Wait, @EmilyTaylor, you said oversold RSI but worried about a falling knife? That's like me trying to catch a dropped $100 bill in a hurricane lol. Just gotta full margin long and pray for the best, right? Let the market do its thing, we'll ride the wave! 🌊🚀