@mwattoo973 on GBPUSD | PriceONN Community
M
Considering the current market sentiment and the relatively quiet overnight session, I anticipate a slight downward pressure on GBPUSD in the short term. The pair is currently trading below the 50-period SMA. A break below the S1 pivot at 1.33366 could lead to further declines, potentially testing the S2 level at 1.33231. However, I would advise exercising caution, as the market may exhibit choppiness during low-volume hours.