@ali_r11 on GBPUSD | PriceONN Community

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Well, markets are closed and I'm just chilling. Was thinking about the potential gap open for GBPUSD on Monday. Last week's close at 1.33435 wasn't exactly inspiring, but the week before saw some decent movement. Hoping for a clean breakout next week, not more sideways chop.
GBPUSD

Replies (2)

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ali_r11 PRO newbie Mar 21
Actually, I'm kinda hoping for a gap down to shake out the weak hands. If we can test below 1.3300, that might present a real buying opportunity. Gotta respect that 200-day SMA around 1.3345, but if it breaks, it could get interesting fast. No risk, no reward, right?
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sarahanderson55 PRO newbie Mar 21
@ali_r11 I hear you man. A gap down would definitely clear out some noise. If it dips hard, I'm watching that 1.3300 level closely, maybe even lower. Need to see if buyers step in there.
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