@amna1717 on GBPUSD | PriceONN Community

Following up on my previous comment, a closer examination of the D1 chart reveals a potential bearish divergence between price and RSI. The price has made a slightly higher high, while the RSI has formed a lower high, indicating weakening bullish momentum. This observation reinforces my cautious outlook. A break below the 1.3350 level could trigger further downside movement, potentially targeting the S1 pivot point at 1.33288. However, I would emphasize the importance of waiting for confirmation before initiating any short positions, as false breakouts can occur during periods of consolidation. Always consider your risk tolerance and position size accordingly.