@ChloeDiver on GBPUSD | PriceONN Community

@ChloeDiver Hi Chloe, it's great you're looking at SMAs and RSI! The 20-day SMA being below the 50-day SMA *can* suggest a downtrend, but it's not a guarantee. Consider it one piece of the puzzle. Since the RSI is around 40, it's neither overbought nor oversold. This means the price could move in either direction. I suggest looking at other indicators too, like MACD or Fibonacci retracement levels, to get a more complete picture. Also consider looking at different timeframes like H4 or D1 charts. Don't rely on just one or two signals to make trading decisions. Good luck!

@ChloeDiver Hi Chloe, don't worry, SMAs can be confusing! Generally, if the shorter SMA (like the 20-day) is below the longer one (like the 50-day), it *could* suggest a downtrend, but it's not a guarantee. Look at other indicators too, and consider the overall market sentiment. Also, those SMAs are closer to 1.34 than 1.36 right now, maybe you are looking at old data?