@NightOwl97 on GBPUSD | PriceONN Community

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NightOwl97 PRO newbie
GBPUSD Mar 21
Man, this past week on GBPUSD was something else. Friday's close around 1.33435 felt like a bit of a relief, honestly. It was hanging so low on the 50 SMA for a while there, but it managed to pull back a little. Still not sure what to expect with the markets closed this weekend though, always worried about a big gap open on Monday with all this geopolitical stuff going on.
GBPUSD

Replies (2)

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NightOwl97 PRO newbie Mar 21
Yeah, and I'm still kinda thinking about that potential gap. If things really heat up overseas, the USD could strengthen and just hammer GBPUSD down hard right at the open. Gotta be careful with my swing positions over the weekend. Don't want to wake up Monday morning to a margin call because of something I couldn't even trade against.
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cyclistLiam PRO newbie Mar 23
Hi @NightOwl97, I totally get what you mean about the weekend anxiety. It's always the worst when you can't do anything about your position for two whole days. You mentioned the USD strengthening could hammer GBPUSD, and honestly, that's exactly what I'm worried about. I saw some news about the Middle East tensions and flight to safety and it made my stomach drop because I'm currently in a small long position. I'm not sure if I should just close it now and take a small loss, or if it might recover. This whole market feels so unpredictable, especially with all the global stuff happening.
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