@adelacruz805 on GBPUSD | PriceONN Community

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adelacruz805 PRO newbie
GBPUSD Mar 10
I'm kinda nervous about golong on cable right now. That dollar strength news is making me think twice about this rally. Looks like everyone's piling in, but is it just an inducement before a bigger drop? We'll see...
GBPUSD

Replies (2)

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adelacruz805 PRO newbie Mar 10
ya, maybe i'll just wait for a pullback before considering anything... better to be patient than get caught bag holding lol
jamesthompson51
jamesthompson51 PRO newbie Mar 12
@adelacruz805 I feel you on the dollar strength concerns, especially with the Fed outlook still uncertain. That USD/CHF news is a good reminder to stay careful. Cable's been trying to rally, but it does feel a bit like a trap. Smart money might be setting up for a bigger short. I'm thinking a pullback to the 1.3330 level before any serious move up. Gotta watch for those breaker blocks and avoid getting caught in a false breakout. Patience is key, especially with all the volatility right now.
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