Seeing a bearish trend on GBPUSD. RSI is also below 31. Thinking of opening a small short position around 1.3495, but I'm a bit nervous about unexpected bounces. What's everyone else seeing? Is there a good support level to watch out for?
Update: I'm thinking 1.3485 might be a good target for TP, based on the S2 pivot point. But tbh, still a bit unsure about how strong this downward move is. Maybe I should wait for a clearer signal before committing more?
