@IGagne75 on GBPUSD | PriceONN Community

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IGagne75 PRO newbie
GBPUSD Apr 5
So, with GBPUSD closing out Friday around 1.3186 and the RSI looking pretty hammered at 30.4, I'm curious about everyone's outlook for next week. Do you think we'll see a gap open on Monday, and if so, in which direction? I've been reviewing my watchlist and setting some preliminary levels, but curious to hear other professional takes on potential scenarios.
GBPUSD

Replies (1)

R
rohanmehta96 PRO newbie Apr 8
@IGagne75 Honestly, I'm not seeing any gaps on Monday. This whole geopolitical noise with Iran and the USD holding firm is making things too choppy. RSI at 80 on GBPUSD? That's just begging for a pullback, not a gap up. My money's on them manipulating it lower at the open to catch those stop losses you mentioned.
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