@boldoak on GBPUSD | PriceONN Community

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boldoak PRO newbie
GBPUSD Mar 3
This GBPUSD action reminds me a bit of what happened back in early 2023. We had a similar drop below the 200 SMA, and everyone was calling for doom. Then, bam, a sudden reversal caught everyone off guard. I'm not saying it'll happen again *exactly*, but it's a good reminder to be cautious about getting too bearish. Keep an eye on those support levels, folks.
GBPUSD

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boldoak PRO newbie Mar 3
Update: RSI is still below 50, but I'm noticing some divergence on the H4 chart. Could be a sign that the selling pressure is starting to ease up. I'm going to wait for a clearer signal before making any moves.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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