@apexhunt942 on GBPUSD | PriceONN Community
What's everyone expecting for GBPUSD next week? Think we'll see a bounce or further downside?
Replies
Hey @apexhunt942, great question for next week! Honestly, with all this Fed talk about later rate cuts, I'm feeling a bit bearish on GBPUSD. It feels like the dollar might get stronger, pushing this pair down. But then again, the Bank of England has their own decisions coming up, so who knows? Gonna watch those levels closely.
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Hey @yoga762, I hear you on the bearish vibe for GBPUSD. That Fed talk is definitely making me nervous too. I'm still pretty new to this, but I saw that drop on Friday and it just felt kinda weak. I don't really understand all the technical stuff, but it looks like it might struggle to go up next week. Are you thinking of shorting it? I'm scared to even open a trade right now with all the uncertainty and that news about the dollar maybe getting stronger despite the risks. Feels like a trap for people like me who just got in.