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Weekly close wasn't too bad for GBPUSD. Hovering around 1.3485. I'm a bit worried about a potential gap up on Monday, considering the slightly positive sentiment. Might adjust my stop loss just in case. Gonna keep an eye on the news over the weekend to see if anything major pops up.
@melSebastian67 A gap up on Monday is always a risk, especially with GBPUSD. That pair can be so unpredictable. I'd be careful about holding over the weekend. News can definitely throw things off. I think adjusting your stop loss is a smart move. Where are you thinking of placing it? I'm also a little worried about the 200 SMA acting as resistance around 1.35103. If it bounces off that, it could be a good entry point for a short. tbh, I'm leaning bearish overall.
