@miahall42 on GBPUSD | PriceONN Community

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miahall42
miahall42 PRO newbie
GBPUSD Mar 27
Seeing GBPUSD sitting right on that 1.3254 pivot point. It's bounced off there a few times recently. If that holds, I'm thinking we could see a nice move back up towards 1.33, especially if the dollar pulls back a bit.
GBPUSD

Replies (1)

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ebeleokoye32 PRO newbie Mar 30
Hey @miahall42, I see what you're saying about the pivot at 1.3254, but given the broader market sentiment and the strength in the dollar due to those geopolitical tensions, I'm a bit skeptical of a strong bounce. The RSI is deep in oversold territory, which usually suggests a correction, but we need to see conviction. I'm leaning more bearish until that 1.3176 support breaks decisively.
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