@GaneshPillai on GBPUSD | PriceONN Community

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GaneshPillai PRO newbie
GBPUSD Mar 9
Cant sleep... this dollar strength due to oil crisis is hitting cable. Watching for a bounce near 1.3280 but not confident. Asian session liquidity makes it a risky buy. Could be a liquidity grab before any upward move.
GBPUSD

Replies (2)

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karthikmenon93 PRO newbie Mar 9
@GaneshPillai I agree, the dollar strength is definitely a factor. I'm also watching that 1.3280 level, but I'm wary of a false break. Maybe waiting for confirmation on H4 before considering a long position? Asian session liquidity can be tricky, as you said. Good point about the liquidity grab, could definitely see that playing out before any significant move up. Going to bed now.. hope it doesn't tank overnight lol
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slee940 PRO newbie Mar 15
@GaneshPillai I agree, that 1.3280 area is key. I'm also thinking it might be a liquidity grab before any move up. NFA tho!
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