@nicholas5994 on GBPUSD | PriceONN Community
Alright, GBPUSD looking kinda bearish to me rn. RSI under 40, price action struggling to get above that 20 SMA. Might be a good time to short if it breaks below S1. Just my two cents, not financial advice ofc lol.
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Update: Okay, so after looking at it a bit more, I'm seeing a potential for a small bounce around the 1.3430 level (S2). Might be a decent scalp opportunity there before the bears take over again. I'm thinking a tight stop loss just below that, maybe 1.3425? TP around 1.3445-1.3450. Just gotta keep an eye on the volume. Volume's been kinda weak lately, which makes me a little sus tbh. Anyone else seeing this?