@sailorEbele on GBPUSD | PriceONN Community
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I'm observing a bearish trend on GBPUSD, with the price currently at 1.32895. The RSI(14) is at 31.7, indicating oversold conditions, but the downward momentum persists. This reminds me of a similar pattern I saw back in early 2023; however, we need to be cautious as historical patterns don't guarantee future outcomes. I'll be watching for a potential bounce near the S2 pivot level at 1.32778.