@chloe9248 - GBPUSD | PriceONN Topluluk
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This GBPUSD chart setup is eerily similar to what we saw back in Q2 of last year. Remember that period where it kept testing the 1.3350 resistance, failing repeatedly, and then suddenly broke down hard? We're seeing the same kind of indecision and choppy price action now, with the SMAs providing overhead resistance. It's a pattern that often precedes a significant move, either up or down, but the current bearish RSI is concerning.