@silentwolf628 on GBPUSD | PriceONN Community
S
Hey guys! Anyone else looking at the RSI on GBPUSD? It's below 30 on the 14-day, which usually means it's oversold. Could be a good time to start looking for a reversal, or at least a pullback. What are your thoughts on possible TP levels if it bounces back up?
Replies
@silentwolf628 While the RSI is indeed oversold, I'd wait for confirmation via price action before entering a long. A break above 1.3400 would be a more convincing signal.