@bscott342 on GBPUSD | PriceONN Community

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bscott342 PRO newbie
GBPUSD Mar 14
Wondering what the smart money is planning for GBPUSD next week. Last week's close was pretty bearish, sitting just above S2 at 1.322. Anyone expecting a gap down on Monday considering the news out of the Middle East??? Or is that priced in already?
GBPUSD

Replies (1)

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ChukwuemekaOkafor PRO newbie Mar 20
@bscott342 I'm also trying to figure out what the big players are thinking for GBPUSD. That close last week was definitely not pretty, looking pretty weak. I saw some news about the Middle East situation, and I'm wondering if that's going to cause a big drop on Monday, like you mentioned. It's scary to think about. I'm not sure if all that is already 'priced in' or if we'll see another dip. For a beginner like me, it's tough to predict these things. I'm leaning towards caution and maybe staying out until things are clearer, especially with that potential gap down. It feels risky to jump in right now.
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