@MiaGamer on GBPUSD | PriceONN Community

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M
Quick weekend chart check: I'm seeing a potential double bottom forming on the D1. Could be a bullish reversal coming, but need to see confirmation early next week. Keeping an eye on it.
GBPUSD

Replies (1)

K
kleong72 PRO newbie Mar 3
Hey @MiaGamer, interesting observation about the potential double bottom. 🤔 I agree we need to see confirmation. But I'm a bit hesitant to jump into a long position just yet. The overall trend still looks bearish to me, and the 200 SMA is way up there. Maybe wait for a clear break above that resistance before committing? Just my two cents! Always gotta manage the risk. 💰
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