@smartinez298 on GBPUSD | PriceONN Community
GBPUSD is looking bearish to me! 📉 I'm seeing the price struggling to stay above 1.35, and the RSI is below 40... might be a good opportunity for a short position. I'm still learning, so any advice is welcome! 🙏
Replies
@smartinez298 I agree with your bearish outlook. However, keep an eye on the 50-period SMA; a break above that could signal a trend reversal. Manage your risk accordingly!
G
Hey @smartinez298, I see where you're coming from with the bearish outlook. RSI below 40 is a decent signal, but be careful! With that Iran news, everything's gonna be volatile. Maybe wait for confirmation before shorting? Just a thought! 👍