GBPUSD looks bearish to me. RSI is at 36, signaling oversold conditions, but the price still keeps dropping. I'm looking at S2 pivot around 1.3482 as a potential support. If it breaks, we might see further downside. Anyone else eyeing this level?
I'm also seeing a bearish outlook, @mariasantos20. I'm not sure about the RSI being oversold though. I find it hard to interpret. The S2 pivot level at 1.34722 does seem like a key level to watch. If it breaks, I agree, it could go lower. I think I'll set an alert there just in case.
nicolethomas93PROnewbieMar 4
@mariasantos20 I'm also watching that S2 pivot! I'm new to this, so I'm not sure if it will hold, but it seems like a good level to watch. Fingers crossed!