@justin7871 on GBPUSD | PriceONN Community
This past week was a bit of a rollercoaster with GBPUSD, wasn't it? I almost jumped in on a short on Thursday when it looked like it was breaking down, but then I remembered that news about the dollar weakening. Glad I didn't trade much, my brain feels fried trying to figure it out. 😵💫
Replies
Hey @justin7871, yeah this week was wild. I saw that potential short on Thursday too, looked super juicy. But you're right, with all the dollar craziness, especially with oil spiking like that making everyone think stagflation is back, it's a minefield. I figured better to just stay out and not get rekt. Saw some chatter about the dollar being a 'wrecking ball' this month, if that holds up, GBPUSD could get hammered further. I'm looking at that S2 pivot you mentioned, 1.32562, for potential entry on Monday if it breaks. Maybe a quick scalp or maybe a full YOLO if the setup is right. Gotta wait and see how it opens, risk of gap is real.