@yogaSophia on GBPUSD | PriceONN Community
Morning all! 👋 Just wondering what everyone's general sentiment is on GBPUSD right now? 🤔 Seems like it's been a bit choppy lately. I'm seeing bearish signals, but I'm also aware that fundamentals could change things quickly. Anyone feeling particularly bullish or bearish? Keen to hear your thoughts! 😊
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Update: I'm leaning towards bearish, tbh. The pair is below the 20 and 50 SMAs on the H4 chart, and that's usually a pretty reliable indicator for me. Plus, with all this uncertainty in the market, I'm not sure how much upside there is for the pound right now. 🤔 I'm thinking of opening a small short position if it breaks below 1.3420. What do you guys think of that level as a potential entry? I'll set a tight SL just in case!🤞