@ayeshajamil on GBPUSD | PriceONN Community

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GBPUSD is looking pretty bearish to me right now. The price is struggling to break above the SMAs, especially that 200-day one seems like a tough barrier. And with the RSI still under 50, I'm not expecting any major upside anytime soon. Just my two cents, of course, I'm still learning this whole thing!
GBPUSD

Replies (1)

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ayeshajamil PRO newbie Feb 19
Update: I'm watching GBPUSD closely around the 1.344 level. It seems to be acting as a support, but if it breaks below that, we could see further downside towards the next pivot point at 1.343. I'm thinking of setting a small short position if that happens, but with a tight stop loss, of course. Still a bit hesitant though, as I'm not entirely sure about the overall trend. Any thoughts?
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