@G_Scott on GBPUSD | PriceONN Community

Maybe I'm just overthinking it. But with that weak Eurozone GDP and the dollar weakness, I feel like GBPUSD *should* be pushing higher. It’s like the market is ignoring all the fundamental data. The price is sitting right at the R1 pivot point too, 1.36068. If it can break that decisively, maybe we see some more upside? But then again, RSI is screaming overbought. It’s that classic push-pull, and I’m stuck in the middle. If I wake up and it’s tanked, I’m gonna be so mad. I really hope this isn't just a dead cat bounce and we actually see some follow-through on the upside, but I’m not holding my breath. This market is so unpredictable sometimes.

Seriously, it's so frustrating. I’ve been watching GBPUSD all night and it’s just doing nothing. Like, literally stuck between 1.3590 and 1.3610 for hours. The DXY dropped big time after that GDP miss, I thought we'd at least see some movement here. But nah, just sideways. Is this that 'quiet session' everyone talks about? Feels like a trap waiting to happen. I’m also seeing that RSI is way up there, like 77, which usually means it’s overbought right? But the price isn't really moving down. Makes no sense. I’m getting sleepy and starting to wonder if I should just close my position before bed or if it’s going to pump. The Eurozone GDP was weak too, that should be bad for GBP, but it's not showing. So confusing.