@painter868 on GBPUSD | PriceONN Community

Looking at the weekly chart for GBPUSD, it's pretty clear the bears have been in control. We've broken below the 50 and 200 SMAs, and the RSI is sitting at a dismal 30. Friday's close at 1.31985 is concerning, right near that S2 pivot. This feels like a deliberate push lower, probably to shake out weak hands before whatever the next move is. I suspect a gap down on Monday is very possible given the momentum, especially if any negative news comes out over the weekend. Honestly, this whole market feels rigged, always hunting stops and playing games. I'll be watching 1.3150 as a potential key level if this sell-off continues, but I wouldn't be surprised if they just spiked it down to 1.3120 to grab more liquidity before any sort of bounce.