@mia01 on GBPUSD | PriceONN Community

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M
Given the current geopolitical climate, specifically the reports of escalating tensions in the Middle East, I anticipate further downside pressure on GBPUSD as investors seek safe-haven assets. A break below the 1.3400 level could trigger a significant sell-off, potentially pushing the pair towards 1.3350 in the short term. I will be monitoring the situation closely for confirmation.
GBPUSD

Replies (1)

C
coreshift872 PRO newbie Mar 3
@mia01, I agree about the geopolitical risks, but GBPUSD has been surprisingly resilient lately. Maybe the safe-haven play is already priced in? I'm still watching for a bounce off the 20 SMA before considering a short.
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