@aMoore71 on GBPUSD | PriceONN Community
Watching this GBPUSD situation over the weekend is always a bit nerve-wracking. That Friday close below the S1 pivot at 1.35254 definitely has me feeling a bit bearish for next week. I'm thinking we might see a gap down if the USD continues to get that strength from whatever's happening with the dollar index – saw some news about that earlier. I've already moved my main short position to breakeven, so at least I won't be a bag holder if things turn south fast. I'm also keeping an eye on the 200 SMA around 1.3475, that could be a major support if we break this current range. It's all about managing risk during these quiet hours before the market roars back to life.