@imran9130 on GBPUSD | PriceONN Community

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The current market sentiment surrounding GBPUSD appears to be one of cautiousness, if not outright fear. The mixed signals, as noted by others, are contributing to a risk-off environment. I anticipate traders may reduce their positions or tighten stops until a clearer direction emerges, likely after the Asian session opens and we see how the overnight news affects things.
GBPUSD

Replies (1)

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imran9130 PRO newbie Mar 3
Update: I'm observing increased volume near the 1.3350 level. If this level breaks decisively, a further decline towards S2 at 1.33166 is probable. Will monitor the price action closely during the next few hours.
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