GBPUSD is showing some bearish momentum, yes. 🤔 The RSI is below 50, and the price is struggling to break above the 20 SMA. Could be a good opportunity for a short position if it continues downward. Just need to watch out for any sudden reversals.📉
@KhadijaAkram51 you mentioned a short position if it continues downward... What's your SL looking like if you go short? I'm still learning about risk management, and it's kinda scaring me how fast things can move. I'm thinking of trying a demo account just to test the waters, but I'm so impatient to start trading for real! Any tips for a newbie?
