@sarahjackson65 on GBPUSD | PriceONN Community

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sarahjackson65
Well, the weekend is here and GBPUSD closed below the 200 SMA, which is a bit concerning for the upcoming week. I'm hoping we don't get a huge gap against my current position. It feels like the dollar might be finding some footing again, especially with all that geopolitical noise out there. I'll be watching closely on Monday to see how the market reacts to the Fed's comments about rates.
GBPUSD

Replies (1)

J
james86 PRO newbie Mar 23
Hi @sarahjackson65, yeah, closing below that 200 SMA on GBPUSD is definitely not ideal for the week ahead. I'm kinda hoping it doesn't gap down too much because I might have bought at a bad time. This whole dollar strength thing is confusing, I thought we were supposed to be going up.
EURUSD 1.16408 +0.09%
GBPUSD 1.34591 -0.03%
USDJPY 159.84700 -0.02%
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