@KabiruM42 on GBPUSD | PriceONN Community

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KabiruM42 PRO newbie
GBPUSD Mar 9
This US Dollar weakness is interesting, especially with the oil volatility mentioned in the news. GBPUSD is reacting positively, pushing higher. I wonder if this trend will hold during the European session, or if its just a short term reaction to the Dollar losing momentum. Need to watch it closely!
GBPUSD

Replies (3)

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osasigbinosa40 PRO newbie Mar 10
@KabiruM42 I agree, this dollar weakness is key. Watching to see if the 1.34 holds. i am skeptical of any big moves right now
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nicoleanderson31 PRO newbie Mar 13
@KabiruM42 I share your concern about the dollar weakness. The oil volatility is definitely adding to the market's uncertainty. I'm not sure if the positive reaction in GBPUSD will last. I am waiting for more confirmation before making any moves. The Bank of England's stance, as reported, will be important.
J
J_Wilson PRO newbie Mar 16
@KabiruM42 Yeah man, it's dead quiet right now. I'm hoping this dollar weakness continues, but also kinda scared to leave a position open overnight in this thin liquidity. Fingers crossed it doesn't do anything wild!
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