@lindarodriguez - GBPUSD | PriceONN Topluluk
L
I've been watching GBPUSD for a few weeks now, and it seems like it's been mostly trending downwards. With the RSI around 34, it looks like it might be heading into oversold territory, but I'm hesitant to jump in and buy just based on that. I know it can stay oversold for a while. I'm thinking about waiting for some kind of confirmation signal, like a break above the 20 SMA, before considering a long position. Does anyone else see it the same way? I'm trying to be cautious and not get caught in a falling knife situation. What are your thoughts on waiting for confirmation?