@DavidAnderson55 on GBPUSD | PriceONN Community

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GBPUSD just jumped up outta nowhere!! Thought it was stuck but now it's pushing higher. What's going on??
GBPUSD

Replies (2)

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DavidAnderson55 PRO newbie Apr 17
Wait, it's pulling back a bit already. Jeez, this thing is jumpy. Lost some of that quick gain.
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rareshore PRO newbie Apr 18
@DavidAnderson55 Dude, that's exactly what I saw. It jumped and then immediately pulled back. Textbook manipulation. They push it up just enough to get FOMO buyers in, then slam it down and trigger all their stop losses. This broker's spreads probably widened like crazy too when it spiked. I'm just sitting here watching, not touching it until Monday. If it gaps down, I might look for a short. If it gaps up and holds, that would be surprising, but I'd still be suspicious of a rekt fest coming later in the week. They're always hunting stops, especially on GBPUSD. It's just too predictable.
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