@JamesWilson on GBPUSD | PriceONN Community
J
Seriously though, everyone talking about dollar fatigue and upside on GBPUSD... are we even looking at the same chart? This thing is *struggling* to hold 1.3470. The 50 and 200 SMAs are still way up there at 1.3500+, acting like a brick wall. I wouldn't be surprised if this is just a bear trap to get people long before a massive sell-off. I'm watching the S1 pivot at 1.3450 like a hawk. If that breaks, we could see a serious drop, maybe down to S2 around 1.3430. Don't get caught on the wrong side of this fake-out, it's designed to burn unsuspecting buyers.