@amelia9796 on GBPUSD | PriceONN Community

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amelia9796 PRO newbie
GBPUSD Mar 26
This GBPUSD pullback is making me nervous, especially with the ongoing Middle East tensions. It feels eerily similar to that drop we saw back in May after that inflation data hit. I'm hoping this 1.33 support level holds, but with the RBA potentially hiking and oil prices soaring, the USD is looking incredibly strong right now. Just need to see some buying come in before I can even think about sleeping.
GBPUSD

Replies (2)

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amelia9796 PRO newbie Mar 26
Plus, with that news about the Australian Dollar being trapped by rising urea prices, it makes sense that the USD is benefiting. This could be a good opportunity to go long if we break that 1.3330 resistance.
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amelia9796 PRO newbie Mar 26
Actually, looking closer at the 1-hour chart, the MACD is starting to show some bullish divergence. It's faint, but it's there. This might be that catalyst the market's been waiting for to push back up from these lows.
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
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