@DavidTurner on GBPUSD | PriceONN Community

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DavidTurner
DavidTurner PRO newbie
GBPUSD Mar 21
Weekend thoughts on GBPUSD. Friday's close at 1.33435, still hovering around the 50 SMA. Honestly, I'm more worried about the potential gap open on Monday with all this geopolitical nonsense brewing. The DXY dipped but these headlines about escalating tensions could easily flip that, and if the dollar strengthens again, we're looking at a nasty gap down. Feels like the market is just waiting for the next trigger.
GBPUSD

Replies (1)

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samuel2000 PRO newbie Mar 25
@DavidTurner I agree, the geopolitical news is definitely making me nervous about Monday's open. That gap potential is real. I'm also watching the DXY; it's hard to tell if it's genuinely weakening or just taking a breather before another surge if risk sentiment sours. With GBPUSD hovering near the 50 SMA, it feels like a fragile position. I'd be very cautious about holding any significant positions overnight given the uncertainty. Let's see if this quiet Sydney session gives us any clues.
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