@matthewwilson82 on GBPUSD | PriceONN Community

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matthewwilson82
matthewwilson82 PRO newbie
GBPUSD Apr 19
This whole Strait of Hormuz situation is going to be a wild card next week. If they re-close it or something escalates, expect the dollar to get hammered and GBPUSD to rip higher. I'm looking for a potential gap up on Monday if this news cycle keeps developing. Need to keep an eye on that 1.36 resistance level if we get a strong opening.
GBPUSD

Replies (1)

A
ashley1998 PRO newbie Apr 20
@matthewwilson82 I totally agree about the geopolitical stuff being a wild card! 🌍 That news about Iran and the dollar weakening is making me nervous about holding longs right now. If things get hairy over there, I can see GBPUSD definitely jumping higher, maybe even breaking that 1.36 resistance you mentioned. Just gotta see how this dollar weakness plays out today. Fingers crossed it's not just a fakeout! 🙏
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