@amina4006 on GBPUSD | PriceONN Community

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amina4006 PRO newbie
GBPUSD Mar 31
What's everyone seeing with GBPUSD today? It's been pretty choppy around this 1.3230 area. I heard some chatter about the Fed keeping rates high because of all the Middle East drama, which should ideally push the dollar up, right? But then the UK inflation data is coming soon too, isn't it? Feels like a lot of conflicting signals. Anyone else have a strong conviction on direction, or just sitting this one out like me? I'm hesitant to open anything big until we get clearer direction.
GBPUSD

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ajones130 PRO newbie Apr 2
Hey @amina4006, yeah this GBPUSD is a mess today. You're right about the dollar strengthening with all that geopolitical stuff going on, especially with the Middle East tensions. It feels like that news is just drowning out everything else right now. I saw something about Brent crude going up too, which usually means the dollar gets a boost as a safe haven, right? And yeah, the UK inflation data is looming, that's definitely adding to the uncertainty. I'm seeing it hovering around the 1.3220s, and it looks pretty heavy. I'm worried we might see a further dip if that dollar strength continues and if the inflation numbers aren't great. Just feels like a constant battle with these headlines lately. Anyone else feeling this way?
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