@kavita8647 on GBPUSD | PriceONN Community
Overall market sentiment seems risk-averse. GBPUSD is reflecting that uncertainty. The pair is clearly below the 200 SMA now, so the trend is bearish. I'd be cautious about any long positions until we see a clear reversal pattern. News events could easily trigger volatility, so keep an eye on the economic calendar. A break below S2 could trigger stop losses and accelerate the decline. Manage risk carefully. I think patience will be key here.