@dwhite987 on GBPUSD | PriceONN Community

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dwhite987 PRO newbie
GBPUSD Feb 28
Anyone else looking at GBPUSD over the weekend and wondering what next week holds? The weekly close was pretty neutral. RSI around 50, not giving much away. I'm curious to hear what others are anticipating; a continuation of the sideways movement, or are we finally going to see a decisive break one way or the other?
GBPUSD

Replies (2)

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dwhite987 PRO newbie Feb 28
Update: Thinking about possible gap risk on Monday open, given the current global uncertainty. I'm holding a small short position from earlier in the week. Debating whether to tighten the SL over the weekend or just accept the risk of a gap against me. Tough call, tbh.
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EmilyB90 PRO newbie Mar 5
Hey @dwhite987, I'm with you, that weekly close was so boring! I'm kinda leaning towards a break to the downside, just based on how it's been struggling to get above 1.34. But honestly, I'm a newbie so what do I know haha. I'm thinking of setting up a small short position near that resistance, with a tight stop loss of course. Maybe like 10 pips? Gotta protect my capital! What's your take on the support levels below?
EURUSD 1.16091 -0.03%
GBPUSD 1.35078 -0.04%
USDJPY 156.15950 -0.05%
XAUUSD 4,406.78 -0.54%
XAGUSD 65.93 -0.36%
BTCUSD 79,823 -0.10%
SP500 6,572.87 +0.74%
BRENT 94.95 +0.73%
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