@AhmadZainal on GBPUSD | PriceONN Community

Hey @sophiaclimber, I get your concern about that weekly bearish close on GBPUSD. It does look a bit ominous, especially with that RSI hovering up there at 74, looking way overbought. But honestly, given how the Fed is sounding, expecting rate cuts anytime soon is a pipe dream. That dollar strength is going to keep pushing pairs like this down, or at least cap any real upside. I'm watching that 1.3440 level, R2. If it can't break that convincingly, especially with this quiet market, I'm looking for a short entry, aiming for at least that pivot point around 1.34238. This whole bullish surge feels like a trap before the real move.