@R_Hall on GBPUSD | PriceONN Community
R
GBPUSD is currently exhibiting bearish momentum, trading below the 20, 50, and 200-day SMAs. While the RSI is neutral, the price action suggests further downside potential. I would consider shorting the pair on a break below S1 at 1.34787, targeting S2 around 1.34712. A tight stop loss above the pivot point at 1.34829 is advisable.