@fluxline241 on GBPUSD | PriceONN Community
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GBPUSD is exhibiting bearish signals, particularly with the RSI(14) at 31.4 indicating oversold conditions. While a potential reversal is possible, the series of SMAs (20, 50, 200) positioned above the current price suggest continued downward pressure. Monitoring price action around S1 (1.34847) is critical for confirming further bearish momentum.