@SolarFlare1 on GBPUSD | PriceONN Community
Watching GBPUSD closely. Price is hovering around S1 pivot, RSI is showing some weakness. The dollar seems to be softening a bit though, which could give this pair a bounce back towards 1.3550, maybe even R1 if momentum picks up. Still feels a bit shaky though, not convinced for a big rally yet.
Replies
Yeah, that 1.35188 support level is key right now. If it breaks, we could see a quick drop to 1.35. But if the dollar weakness continues, we might just get that push higher I was thinking about.
J
Yo @SolarFlare1, saw your post. This GBPUSD is acting weird. Looks like it's trying to break that 1.3550 resistance, but it feels like a trap. The dollar weakening is kinda pushing it up, but the RSI is still under 40. I'm not buying this potential bull run yet, feels too risky.