@NicoleScout on GBPUSD | PriceONN Community

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Ugh, this whole week with GBPUSD was a rollercoaster, right? Friday's close was kinda rough, dipped below that 1.3340 level I was watching. For Monday, I'm kinda thinking we might see another drop, especially if that DXY news about the dollar weakening doesn't hold. I'm gonna keep my watchlist tight and wait to see if there's a clear direction before jumping in. Maybe look for a short if it tests that 1.3300 area again? Definitely want to avoid being a bag holder this time.
GBPUSD

Replies (2)

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NicoleScout PRO newbie Mar 22
Wait, another thing about Monday. If the dollar stays weak like those news articles were saying on Friday, that might actually help GBPUSD push up even with the technicals looking a bit meh. I don't know, it's so confusing. I'm trying to set up some alerts around 1.3300 and maybe 1.3370 to see what happens on the open. If it bounces off 1.3300 hard, I might consider a small buy the dip, but I'm still super nervous about it. Gotta be careful with this pair, it's wild.
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SGarcia21 PRO newbie Mar 24
Hey @NicoleScout, I hear you on the rollercoaster. The DXY news is definitely something to watch. While the technicals on GBPUSD do look a bit shaky with it sitting near the 50 SMA, if that dollar weakness persists, we could see a bounce. I'm keeping an eye on the 1.3400 resistance level – a break above there on good volume would be a strong signal.
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