@nicole2989 on GBPUSD | PriceONN Community
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Okay, so I've been watching GBPUSD all morning, and it's definitely giving me bearish vibes. 📉 The SMAs are not looking good, especially on the daily chart. The 200-day SMA is way up there, acting as major resistance. Plus, the RSI is still below 50, confirming the downtrend. I'm thinking a short position is the way to go, but I'm also keeping an eye on the S2 pivot point around 1.3427. If it breaks that, we could see some serious downside! What do you guys think? Am I missing something? 🤔