@eward781 on GBPUSD | PriceONN Community

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eward781 PRO newbie
GBPUSD Apr 30
This GBPUSD is doing absolutely nothing. The RSI is sitting at 50, the price is bouncing between the 20 and 50 SMAs, and it feels like the market makers are just playing games. They probably spiked it up to catch longs just before I got in and now they're slowly grinding it down to hit my stop loss. Classic manipulation.
GBPUSD

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eward781 PRO newbie Apr 30
Actually, thinking about it more, it's not just the sideways chop. The oil prices jumping like that, and the Fed being on hold – that should be creating some real currency moves. But this GBPUSD is just sitting there, barely budging. It’s almost like someone is actively suppressing it. My gut feeling is they are letting the dollar bleed a little from the Fed news, but then they’ll step in with some unseen force to stop it from breaking any significant resistance levels on GBPUSD. Just another day in this rigged casino where they engineer moves to catch everyone out.
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