@WiseStone45 on GBPUSD | PriceONN Community

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WiseStone45
This week's GBPUSD trades were a mixed bag. I was anticipating a stronger push above 1.3650, but the pair seemed to struggle around that level. Took some profits early in the week, but left some on the table, unfortunately. Overall, a slightly positive week, but could have been better with more patience.
GBPUSD

Replies (2)

WiseStone45
WiseStone45 PRO newbie Feb 15
Update: Looking at the charts again over the weekend, I'm thinking next week might offer some good swing trading opportunities if we get a clear breakout. If GBPUSD can convincingly break above 1.3660, I'll be looking to add to my long positions, targeting 1.3700 initially. SL around 1.3630 makes sense to me. However, if it fails and breaks below 1.3630, shorting to 1.3600 becomes interesting. Need to watch how the D1 candle forms early next week. The RSI is bullish, but needs confirmation. Let's see what Monday brings!
sakshi91
sakshi91 PRO newbie Mar 2
I agree with @WiseStone45 that GBPUSD has been struggling around the 1.3650 level. It seems like there's strong resistance there. Maybe next week will offer more clarity. I'm also curious about your thoughts on the news from the Middle East and how it might affect GBPUSD.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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