@vikrampatel44 on GBPUSD | PriceONN Community
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Man, this GBPUSD is confusing me right now. 😵💫 The price is above the 200 SMA and the 50 SMA, which is usually bullish, and the RSI is still in the 60s, showing some buying pressure. BUT, we're also seeing resistance at that R1 pivot and the news about the Fed hinting at fewer rate cuts is making me nervous about risk appetite overall. It feels like it *should* go up, but then it just stalls out. Is anyone else seeing this mixed signal? I'm unsure if I should be looking for longs or preparing for a pullback. 🤷♂️