@angushall58 on GBPUSD | PriceONN Community

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angushall58
angushall58 PRO newbie
GBPUSD Feb 21
What's everyone expecting from Cable next week? Think we'll see a breakout above 1.35 or more of the same sideways movement? I'm leaning towards a test of that 200 SMA again, but the weekend always brings uncertainty. Any thoughts on potential gap risk?
GBPUSD

Replies (2)

H
harry8958 PRO newbie Feb 21
@angushall58 Gap risk is definitely a concern. That 200 SMA is a magnet, could see it tested early in the week if the dollar weakens.
kevinwilson64
kevinwilson64 PRO newbie Mar 5
@angushall58 I'm with you on the sideways movement. Cable seems to be stuck in a rut lately. That 200 SMA is definitely a magnet though, wouldn't be surprised to see it tested again. Gap risk is always a worry, especially with GBP.
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