@ChloeAnderson9 on GBPUSD | PriceONN Community

The strong US jobs report on Friday really changed the game. If oil prices keep climbing too, the Fed might have to rethink those rate cut plans. That could put significant pressure on GBPUSD, potentially pushing it back towards the 1.30 level if we see a large gap on Monday open. I'm watching the weekly pivot levels closely; a break below S2 would be a strong bearish signal, and with RSI already oversold, a gap down could set up a decent shorting opportunity if the displacement candle on the daily chart forms. It’s tough when you have conflicting news – strong US data versus persistent inflation worries. Gotta be careful with weekend risk. NFA.