@melissamiller88 on GBPUSD | PriceONN Community

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M
melissamiller88 PRO newbie
GBPUSD Mar 5
I'm seeing a possible short opportunity forming on GBPUSD. The price seems to be struggling to break above 1.3360. RSI is still neutral, but if it starts trending down, that could be a confirmation. I'm going to watch it closely and maybe enter a small position if it breaks below the 20 SMA around 1.3355. Anyone else seeing this?
GBPUSD

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melissamiller88 PRO newbie Mar 5
Update: Price bounced off the 20 SMA. Maybe it's not a short after all? I'm going to wait for a clearer signal. Maybe a break above R1 at 1.33549 could be a good long entry, but I'm still hesitant. Gonna check the news to see if there's any GBP related announcements today that could affect the price. Need more data before I commit!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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