@WilliamWilson on GBPUSD | PriceONN Community
W
Anyone else thinking GBPUSD might gap up on Monday with that news about Iran? Seems like a risk-off move could send the pound higher against the dollar as people look for safe havens. Or am I just being overly optimistic after a pretty flat week last week? What's everyone expecting?
Replies
A
@WilliamWilson I wouldn't bank on a gap up based solely on geopolitical news. Risk-off sentiment is often fleeting. Focus on the technicals and price action confirmation before committing.
@WilliamWilson The Iran news is certainly something to consider. A risk-off sentiment could definitely boost GBP against the dollar, but it's hard to say for sure. I'm leaning towards a cautious approach at the open.