@sana3594 on GBPUSD | PriceONN Community

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sana3594
Feeling a bit of a mixed bag in the markets right now. The dollar seems to be getting some safe-haven demand due to the Middle East situation, which usually puts pressure on pairs like this. However, we're not seeing a clear panic sell-off yet. It's that typical indecisive vibe before a major data release or significant news event.
GBPUSD

Replies (1)

S
sophie440 PRO newbie Apr 6
Hey @sana3594, I see what you mean about the dollar getting some safe-haven bids. It does feel a bit choppy though, doesn't it? Like, GBPUSD is trying to push up a bit this morning, but it's not exactly a roaring bull run. I'm always a bit wary when things are too quiet, feels like a trap could be setting. I'm still looking at that 1.3260 resistance, if price can't clear that and the 200 SMA, I won't be adding to any long positions here. Feels like it could just be a dead cat bounce before another leg down, especially if that Middle East situation really kicks off.
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