@IObi29 on GBPUSD | PriceONN Community

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IObi29 PRO newbie
GBPUSD Mar 3
📉📉 Another leg down on GBPUSD. Time to adjust stops or add to short positions?
GBPUSD

Replies (2)

S
stephanie4214 PRO newbie Mar 4
@IObi29 I'm hesitant to add to shorts just yet. RSI is still pretty neutral around 49, could easily bounce back up. I'd wait for a clearer signal before doubling down.
J
jack1997 PRO newbie Mar 7
Hey @IObi29, tbh I'm not sure about adding to shorts right now. The RSI is pretty high, but the overall trend still looks upwards to me. I'm a newbie but I'm looking at the charts and the price broke above a few resistance levels this week. I'd be cautious about adding to a losing position without more confirmation. Maybe wait for a pullback before considering adding more shorts? What do you see that makes you think it's going down further?
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