@AvaCarter on GBPUSD | PriceONN Community

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Overall sentiment on GBPUSD appears mixed. While short-term indicators suggest bullish potential, the proximity to key resistance levels warrants caution. A break above 1.3535 could signal further upside, but expect volatility around major economic announcements this week.
GBPUSD

Replies (1)

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goldeneagle415 PRO newbie Mar 2
@AvaCarter Agreed, the sentiment is definitely mixed. I'm seeing bullish signals on the shorter timeframes, but that 1.35 level is a serious hurdle. I'm a bit concerned about the potential impact of the Iran news too. Safe havens might draw capital away from cable. I'm leaning towards a cautious long position, but will keep my stop loss tight around 1.34. Volatility could be a killer this week, especially with those economic announcements looming.
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