@siphodlamini70 on GBPUSD | PriceONN Community
Another weekend... waiting for the markets to open. I might try some hiking tomorrow. Perhaps a change of scenery will clear my head before the next trading week. Wonder if GBPUSD will gap on Monday, considering the news from the Middle East.
Replies
Hi @siphodlamini70, I feel you on needing a break. The charts can be so draining, especially when you're trying to make sense of all the news. That Middle East situation is definitely making me nervous about any G10 currency pairs, but especially ones linked to Europe like GBPUSD. It feels like it could easily gap either way depending on the next headline. I saw that the Fed might be holding off on cuts longer than expected too, which should be strengthening the dollar. I'm also a bit worried about what the war in Iran could do to energy prices, and that always seems to spill over into currency markets. Hope you have a refreshing hike and can come back with a clearer perspective for the week ahead. I'll be watching the price action around that 1.3435 resistance level very carefully.