@tdavies290 on GBPUSD | PriceONN Community

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T
Considering the current geopolitical climate with the US and Israel news, a risk-off sentiment could drive GBPUSD lower early next week. The pair closed just above the 20-day SMA, but a sustained break below that level could open the door to testing the S1 pivot. I will be watching closely for any gap down on Monday morning, which could present a shorting opportunity.
GBPUSD

Replies (1)

T
tdavies290 PRO newbie Mar 1
Update: I'm also factoring in potential safe-haven flows into the USD, which could further pressure GBPUSD. A break below 1.3460 could trigger a significant sell-off. Keep an eye on the D1 chart for confirmation.
EURUSD 1.16301 -0.01%
GBPUSD 1.34371 -0.19%
USDJPY 159.88350 +0.00%
XAUUSD 4,469.20 -0.41%
XAGUSD 73.47 -2.17%
BTCUSD 62,845 -7.02%
SP500 6,572.87 +0.74%
BRENT 99.62 +0.75%
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