@jPerez15 on GBPUSD | PriceONN Community

Interesting approach, @jPerez15. I see your logic with scaling into the shorts near that resistance zone. The bearish RSI on the daily chart does suggest downward pressure is building. However, I'm a bit cautious about holding shorts over the weekend given the recent volatility. The market has shown a tendency to squeeze shorts aggressively, especially if there's unexpected news. Personally, I'd be watching that 1.3350 level very closely if I were in your position. A strong break below that could confirm your thesis, but a bounce off the weekly S1 at 1.3256 might offer some temporary relief for bulls. Keep a tight stop on that average entry around 1.3450, as a move above the 50 SMA would negate some of the bearish sentiment.