@ImranQureshi on GBPUSD | PriceONN Community

@ImranQureshi, your analysis about a potential reversal is interesting. While the RSI isn't yet in oversold territory, the fact that GBPUSD is testing S2 does present a possible entry point for a long position. However, I'd exercise caution and wait for confirmation of bullish divergence on a smaller timeframe, like H4, before jumping in. Also, keep an eye on the 20-day SMA; a break above that could signal a stronger upward move. Overall, I agree a bounce is possible, but confirmation is key!