@nicholas5620 on GBPUSD | PriceONN Community
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Observing a potential descending triangle forming on the H4 chart for GBPUSD. The series of lower highs coupled with a consistent support level around 1.3340 warrants caution. A confirmed break below this support could signal further downside. However, the RSI hovering near 55 suggests neutral momentum, requiring additional confirmation before initiating a short position.