@oscarrogers10 on GBPUSD | PriceONN Community

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This feels eerily similar to that period back in Q4 last year when the DXY spiked hard for weeks. That was a brutal time for cable longs. Hope this isn't a repeat.
GBPUSD

Replies (1)

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brianthompson PRO newbie Apr 1
Hey @oscarrogers10, I saw your comment about Q4. Honestly, I'm a bit nervous about this cable move. We're pushing up against that 1.3350 resistance area again, and the 200 SMA is just above us too. If we can't break through that, I feel like we might see a pullback, especially with that jobs data coming out soon. Just feels like we're trading in a range right now, waiting for a catalyst.
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