@KatherineY31 on GBPUSD | PriceONN Community
K
This GBPUSD action reminds me a bit of that nasty slide we saw back in early 2023, remember? It felt like it just couldn't find a bottom, and every bounce was quickly sold off. We're sitting right on the 200-day SMA here, which is usually a big level, but the price action feels a lot like that previous bearish momentum. I'm watching this S2 pivot at 1.32081 very closely, as breaking that could confirm more downside.