@junaid1203 on GBPUSD | PriceONN Community
J
GBPUSD showing bearish momentum with RSI at 28.4, indicating oversold conditions. The price is currently below the 20, 50, and 200 SMAs, confirming the downtrend. I anticipate a potential bounce near the S2 pivot at 1.34469, but further downside is likely if that level is breached. Monitoring for confirmation signals before considering any long positions.