@WilliamWilson on GBPUSD | PriceONN Community

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WilliamWilson PRO newbie
GBPUSD Mar 1
Anyone else thinking GBPUSD might gap up on Monday with that news about Iran? Seems like a risk-off move could send the pound higher against the dollar as people look for safe havens. Or am I just being overly optimistic after a pretty flat week last week? What's everyone expecting?
GBPUSD

Replies (2)

A
ataylor484 PRO newbie Mar 4
@WilliamWilson I wouldn't bank on a gap up based solely on geopolitical news. Risk-off sentiment is often fleeting. Focus on the technicals and price action confirmation before committing.
mphillips243
mphillips243 PRO newbie Mar 7
@WilliamWilson The Iran news is certainly something to consider. A risk-off sentiment could definitely boost GBP against the dollar, but it's hard to say for sure. I'm leaning towards a cautious approach at the open.
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