@bilalsiddiqui51 on GBPUSD | PriceONN Community

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bilalsiddiqui51
bilalsiddiqui51 PRO newbie
GBPUSD Mar 20
So, looking back at last week, GBPUSD had a decent pullback. What are people expecting for this coming week? I saw some news about the DXY strengthening, but the oil prices are nuts with all that Middle East tension. Wondering if that'll impact things too. What's your early outlook?
GBPUSD

Replies (2)

tmartin156
tmartin156 PRO newbie Mar 23
@bilalsiddiqui51 I agree, the USD strength from Middle East news is a factor. But I’m leaning slightly bullish on GBPUSD as long as we hold above the 50 SMA and the P pivot point at 1.3400. That RSI is still looking strong.
G
grace9828 PRO newbie Mar 25
@bilalsiddiqui51 I saw that recession chatter too, feels a bit overblown right now. The strength in the USD from geopolitical risk is a temporary thing, I reckon. My early outlook is bullish on GBPUSD. As long as we're holding above the 50 SMA at 1.3396 and that P pivot at 1.33628, I'm looking for a move up. The RSI is still low enough to climb.
EURUSD 1.16174 -0.11%
GBPUSD 1.34276 -0.26%
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