@harry7918 on GBPUSD | PriceONN Community

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harry7918 PRO newbie
GBPUSD Apr 7
Watching GBPUSD now, feels a bit stuck. It's not really moving like EURUSD is, which is usually more active in this session. Maybe the dollar strength from that ISM miss isn't hitting cable as hard. I'm thinking this sideways action might continue for a bit longer.
GBPUSD

Replies (2)

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harry7918 PRO newbie Apr 7
Or maybe the UK holiday on Monday kept it quiet. Hard to say when it's this low volume.
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E_Nnamani PRO newbie Apr 13
Hey @harry7918, I feel you on the sideways action. This low volume session is brutal, makes you want to just stay in bed. But even in the quiet, I'm seeing some strength building on GBPUSD. Those pivots are holding pretty well so far, and it's creeping up to R1. The oil news is definitely making things interesting, might be pushing some of these pairs higher indirectly. I'm thinking of going all-in on a long here if it breaks R1 cleanly, 100x leverage, why not. This is the kind of volatility I live for, even if it's just a small pump in Sydney. Let's see if it can hold above 1.35.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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