@oliver5428 on GBPUSD | PriceONN Community
O
Next week I'm expecting GBPUSD to be heavily influenced by the fallout from the US/Iran situation. Safe havens will probably be in demand, which usually isn't great for the pound. Technically, we're stuck between the 20 and 50 SMAs. If it breaks below 1.3470, I'd expect further downside. A push above 1.3520 could signal a bullish move, but I'm not convinced. Will be watching closely to see how the market reacts to the news flow. Keeping my powder dry for now.