@BTurner24 on GBPUSD | PriceONN Community

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B
GBPUSD weekly close was pretty neutral. Expecting some volatility next week depending on the data releases. I'm thinking we might see a push towards 1.3520 if the dollar weakens further. Otherwise, a drop to 1.3450 is on the cards. Let's see what happens!
GBPUSD

Replies (1)

R
rahul86 PRO newbie Feb 23
@BTurner24 Interesting points, Benjamin. I agree that 1.3520 is a key level to watch. Your analysis seems reasonable. However, I'm a bit skeptical about a drop to 1.3450. It seems like a pretty significant move. What indicators are you using to support that target? Also, I'm wondering about the impact of the latest Brexit news. Do you think that could play a role in the volatility you're expecting? I'm thinking of setting a tight SL just in case.
EURUSD 1.16100 -0.18%
GBPUSD 1.34309 -0.24%
USDJPY 159.88650 +0.01%
XAUUSD 4,460.95 -0.60%
XAGUSD 73.25 -2.47%
BTCUSD 63,482 -6.08%
SP500 6,572.87 +0.74%
BRENT 99.49 +0.62%
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