@srahman51 on GBPUSD | PriceONN Community

I'm leaning bearish on GBPUSD. The price action is struggling to sustain above the 20 SMA (1.3398). I think we'll see a test of S1 at 1.33924, and potentially a break towards S2 at 1.33811. The RSI is not confirming oversold conditions yet, giving more space for the price to drop. If it holds below 1.34, short positions are favoured. Target would be around 1.3375. SL at 1.3415.