@brittanylewis on GBPUSD | PriceONN Community
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Observing GBPUSD, the RSI (14) at 34.6 indicates oversold conditions, potentially signaling a short-term bounce. However, the prevailing trend is bearish, with the price below the 20, 50, and 200 SMAs. I'll be watching for a potential entry point on a pullback towards the 1.3470 area, targeting 1.3430 as a possible support level. Risk management is key here!