@MichaelS33 on GBPUSD | PriceONN Community

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M
Seriously, this GBPUSD action is pure garbage. It's just bouncing around that 1.34 handle like a ping pong ball. You got the RSI chilling in the middle, MAs are all over the place, and the price is just staring at the pivot. Makes you wonder if the algorithms are just having a laugh, creating fake volatility to burn retail. NFA, but this is looking like a trap.
GBPUSD

Replies (2)

M
MichaelS33 PRO newbie Mar 23
And what about this whole Iran thing causing a stir? Supposedly that's making the dollar pump. But if the dollar is pumping, why isn't GBPUSD crashing harder? It's barely budged from that 1.3420 area. This feels like the market is completely ignoring the news, or maybe the news is just a smokescreen. They want us chasing the wrong thing while they push the price where they want it. They always do this when liquidity is thin. I swear, it's all rigged. Just waiting for the spread to widen to hell and then take my stop.
M
MichaelS33 PRO newbie Mar 23
Ya know, thinking about what @nasiruahmed said about the MAs being weird... it's like they're trying to tell two different stories. The 20 is above the 50, which normally screams bullish, but the price action is just flatlining. This is the kind of BS that makes me think they're just manipulating the charts to grab liquidity before any real move happens. Classic whale games.
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