@roguewave240 on GBPUSD | PriceONN Community
Given the current geopolitical climate with the news out of Iran, I'm wondering how much of a safe-haven bid we might see influencing GBPUSD. While it's not typically considered a primary safe haven like gold or JPY, the risk-off sentiment could still drive some capital flows.
I'm also looking at the Bollinger Bands, and we seem to be consolidating near the lower band. A break below 1.34 could signal further downside, but a bounce could offer a decent short-term opportunity. What's your take on the interplay between fundamentals and technicals here?
I'm also looking at the Bollinger Bands, and we seem to be consolidating near the lower band. A break below 1.34 could signal further downside, but a bounce could offer a decent short-term opportunity. What's your take on the interplay between fundamentals and technicals here?