@StephanieThomas on GBPUSD | PriceONN Community
Man, what a wild Friday close for GBPUSD. Dropped a good chunk, felt like the dollar just woke up and decided to party. Wondering if this is gonna lead to a gap open on Monday or if things will just grind sideways. Honestly, this whole waiting game is killing me, can't wait for the markets to fire up again.
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Actually, thinking more about that dollar weakening news… if the dollar really is losing its safe-haven appeal because of policy divergence, that could mean GBPUSD has more room to run upwards, especially if the UK economy isn't doing too bad. I was kinda expecting a drop to like 1.3300 or even lower, but maybe that dollar sentiment shift changes things. This whole geopolitical risk thing with oil prices going nuts could also play a role, but it's confusing if that helps or hurts the dollar. So yeah, my initial thought about it just grinding sideways might be off. Could be a gap up if Monday opens with that dollar weakness narrative carrying over. Gotta keep an eye on that. NFA, obviously.