@gaurav5455 on GBPUSD | PriceONN Community
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Looking at the GBPUSD chart, the price has been falling consistently. The 200 SMA is way above the current price at 1.362. The 50 SMA is also acting as resistance. I'm thinking of shorting GBPUSD if it tests the 1.35 level again. My target would be around 1.34, near the S2 pivot. The overall sentiment seems negative, with inflation worries. I will keep an eye on the news for any potential catalysts. It will be a swing trade, so I'm prepared to hold it for a few days. What do you guys think?