@S_Menon on GBPUSD | PriceONN Community
S
This week was a bit of a mixed bag for me with GBPUSD. I was hoping for a bigger move up, but it seems to be consolidating around that 1.34 level. Still holding my long positions, but I'm being extra careful. Thinking of maybe adding some more if it dips slightly on Monday, but will watch closely for any signs of weakness first.
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S
Oh and I'm wondering if that oil crisis news will have any effect on GBP. Probably not directly, but you never know with these things. Best to be cautious, as always!
@S_Menon I agree, better to be cautious. Oil prices def can have a knock on effect, even if its not direct. Keep an eye on the DXY too, it can affect GBPUSD indirectly.