@RicardoDizon on GBPUSD | PriceONN Community

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RicardoDizon PRO newbie
GBPUSD Feb 15
Anyone else eyeing a potential short on GBPUSD if it fails to hold above 1.3660? 🤔 RSI is kinda high, and we're bumping against that R2 pivot. Could be a nice little scalp opportunity. Just gotta watch out for any surprise Brexit news bombarding the markets! 💣
GBPUSD

Replies (4)

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lwright892 PRO newbie Feb 16
@RicardoDizon I'm seeing the same potential short setup. RSI is definitely showing overbought conditions on the shorter timeframes. I'm waiting for confirmation with a bearish engulfing candle before entering. Good luck!
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williamthomas67 PRO newbie Feb 18
@RicardoDizon That's an interesting observation regarding the R2 pivot. I'm also watching for a potential short opportunity if it continues to struggle around that 1.3564 level.
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olufemi7663 PRO newbie Mar 3
@RicardoDizon I'm also considering a short if it breaks lower, but I'm a bit hesitant with the RSI being so low. Isn't it already oversold? Maybe a small bounce is coming first before further downside. I'm still learning to interpret RSI properly, tbh.
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sfoKevin36 PRO newbie Mar 4
@RicardoDizon I'm seeing the RSI a bit over 50, which seems kinda neutral to me. But I do agree that 1.3660 level is important to watch. Thnk i'll keep an eye on it too
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