@JessicaJones40 on GBPUSD | PriceONN Community
I'm seeing a lot of conflicting signals on GBPUSD. The RSI is almost perfectly neutral, and price is right between S1 and the pivot. Is anyone else finding it difficult to establish a clear directional bias here? I'm hesitant to enter a position without more confirmation.
Replies
Update: I'm also looking at the Bollinger Bands. The price is right at the middle band, so maybe a breakout above 1.35 is possible if we see some volatility.
C
Jessica, I'm seeing the same conflicting signals. The RSI hovering around 50 is a classic sign of indecision. Patience is key; wait for a clearer breakout before committing.