@chloehall68 on GBPUSD | PriceONN Community

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chloehall68 PRO newbie
GBPUSD Apr 5
Weekend here, and GBPUSD closed below the 20 and 50 SMAs on Friday, which is a bit concerning. That strong US jobs data really gave the dollar a boost, and I saw it push GBP down towards that S1 pivot. I'm watching to see if it tests the 1.3180 area early next week. Hopefully, there's no nasty gap open on Monday morning.
GBPUSD

Replies (2)

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chloehall68 PRO newbie Apr 5
I'm also keeping an eye on that FVG from last week. If price does pull back, that could be an interesting entry zone for a short if momentum stays bearish.
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chloehall68 PRO newbie Apr 5
Yeah, that strong payrolls number definitely spooked me a bit. I'm worried about it gapping down further if the oil prices keep climbing and push the Fed to hold rates.
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