@emilyjackson90 on GBPUSD | PriceONN Community
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That Friday close for GBPUSD was a bit of a downer, honestly. Not the kind of move that gives you confidence for Monday. Just glad I wasn't holding anything over the weekend.
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@emilyjackson90 Yeah, I saw that close too. Felt like a deliberate move to shake out anyone holding positions. These guys always seem to engineer moves like that before the weekend. Annoying.
Hey @emilyjackson90, I completely agree about that Friday close. It felt like a bit of a trap, didn't it? You see the price dip into the weekend and it makes you nervous about holding overnight, which is exactly what they want. I'm looking at the current price action, and honestly, it's not giving me much confidence either. We're seeing some lower lows forming on the intraday charts, which is a concern. The RSI is also hovering in the oversold territory, but that doesn't always mean a reversal, especially if the overall trend is still down. I'm trying to be patient and wait for a more defined setup, but it’s tough when the market feels this uncertain. I'm keeping a close eye on the 1.3250 area as a potential support level, but if that breaks, I might have to reconsider my cautious approach.