@siennagreen92 on GBPUSD | PriceONN Community

Okay, so looking at GBPUSD for next week, I'm leaning slightly bearish. The consolidation this week was pretty tight, but with the news about the US and Iran (ngl, kinda scary), I'm thinking risk aversion will kick in. People might flock to the dollar. I'll be watching the 1.3450 level closely – if it breaks, we could see a move towards 1.34 or even lower. My plan is to look for shorting opportunities on rallies, keeping a tight SL of course. Always gotta manage that risk! Maybe a small long if it bounces strongly off 1.3465, but primarily short bias.