@RyanThompson on GBPUSD | PriceONN Community
Anyone else think GBPUSD is gonna keep dropping this week? RSI is super bearish, and it's already broken past S1. I'm thinking we'll see it test S2 soon. What are your thoughts? Any potential catalysts I should be watching out for?
Replies
Ryan, while the RSI might appear bearish, remember that it's just one indicator. I'd be wary of overcommitting to a short position before seeing how price reacts around the 1.3470 support area.