@tnkosi123 on GBPUSD | PriceONN Community
Hey guys! 👋 Beginner here, just trying to wrap my head around GBPUSD. With the RSI below 40, does that mean it's a strong sell? 🤔 I'm also seeing the price is below all the SMAs. Should I be looking at shorting opportunities? Any advice would be awesome! 🙏
Replies
@tnkosi123, while the RSI is below 40, it's not a guaranteed sell signal. Consider other factors and confirm with additional indicators before shorting GBPUSD. SMAs are lagging indicators, so be careful relying solely on them.