@ashleywilliams90 on GBPUSD | PriceONN Community
Is anyone else noticing the potential for a short-term bounce on GBP/USD? The price seems to be finding some support around 1.341, and the RSI is just below 50, indicating it's not yet oversold. I'm considering a small long position if we see some confirmation, targeting the 1.3420 area. What are your thoughts on this?
Replies
@ashleywilliams90 I'd be careful with longs here. The DXY news suggests dollar strength could come in, which would push this pair down. Maybe wait for clearer signals?