@michael_j78 on GBPUSD | PriceONN Community
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Replies (1)
I'm also watching this pair closely, especially with the oil prices going nuts and that whole geopolitical drama brewing. It feels like the dollar is shrugging off the bad news, which is kinda weird. I saw a headline saying GBP/USD might drop because of the Middle East tensions, but then again, the RBA is worried about oil too, so maybe it's not just a dollar thing?
I'm a bit hesitant to jump in right now, feels like we're in some choppy territory. That 1.33 level was a pretty strong support earlier in the week, but it's looking a bit shaky now. Might sit this one out and see how London and New York sessions really shake out on Monday. Enjoy the weekend!