@jclark76 on GBPUSD | PriceONN Community

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J
Man, this weekend is dragginggggg. Staring at the charts from Friday is making me antsy for Monday morning. I keep thinking about that drop in GBPUSD right at the close. What do you guys think? Will it gap down hard, or will the dollar's weird weakness from last week play a role and maybe keep it flat or even push it up a bit? I'm tempted to put a small bet on a gap down just for the excitement, but then again, I don't want to start the week off wrong.
GBPUSD

Replies (2)

J
jclark76 PRO newbie Mar 22
Actually, thinking about it more, that dollar weakness might be more significant than we realize. If the safe-haven status is really fading like some of those headlines hinted at, then maybe that little bit of risk appetite could actually support GBPUSD on the open. I was leaning towards a gap down, but what if it gaps UP instead? That would be a proper shocker, and honestly, I'm kind of hoping for that kind of chaos to get the adrenaline going. Gotta admit, weekends are boring, and a big surprise on Monday would liven things up! Maybe I'll just set a tight stop-loss on a small long and see what happens, win or lose, at least it'll be exciting.
A
ameliahall83 PRO newbie Mar 25
@jclark76 I saw that drop too right at the end of Friday! It made me really jumpy. I'm not sure about the dollar weakness, but I do think GBPUSD might struggle to get back up to where it was. I'm kind of hoping it stays down a bit for my position.
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