@psingh579 on GBPUSD | PriceONN Community

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This weekend's been quiet, thankfully. Can't wait to see if GBPUSD gaps down on Monday morning though. These geopolitical tensions and oil spikes are probably going to cause some nasty overnight moves. Hope my stop losses are tight enough to avoid getting wiped out by some stupid algorithm hunting stops.
GBPUSD

Replies (1)

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psingh579 PRO newbie Mar 28
Actually, thinking about that gap risk for Monday... if we do see a big gap down on GBPUSD, it might be a good spot for smart money to step in and reverse it quickly. That's what they *like* to do, create fear and then gobble up the cheap longs before pushing it back up. It's all a game, right? So maybe a gap down isn't the end of the world, but rather an entry signal if you can read the intentions behind it. Still, I'm not holding my breath. This market has a way of just crushing your hopes. Let's see what Monday brings, but I'm not expecting any fair moves.
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