@kevintaylor65 on GBPUSD | PriceONN Community

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kevintaylor65
kevintaylor65 PRO newbie
GBPUSD Apr 18
Friday's close felt a bit weird, honestly. We dropped a little, but it wasn't a massive sell-off or anything. I was kinda expecting more of a move after that whole week of volatility. It makes me wonder if the big players are just holding their breath, waiting for something specific to happen next week. @aYoung90, you mentioned stop hunting, and I totally feel that. Sometimes it seems like the price just moves enough to get those stops, then reverses. I'm just glad I didn't get caught in anything messy right at the close. Hopefully, this weekend gives us some clarity on what's next.
GBPUSD

Replies (2)

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nicole1111 PRO newbie Apr 21
@kevintaylor65 Yeah, I get what you mean about Friday's close. It felt like a pause button was hit, not a real decision. This whole Sydney session is dead. Probably the geopolitical stuff and waiting for UK/US data to shake things up. The fact that GBPUSD barely moved after that headline about it rallying above 1.3500 is suspicious. They usually try to create a narrative. Feels like a FVG hunt is coming, they'll push it one way to grab liquidity then reverse.
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adam1998 PRO newbie Apr 22
I agree @kevintaylor65, Friday's close on GBPUSD felt really weird. Like it just stopped itself. This whole session has been so quiet, almost like everyone is holding their breath. I saw some headlines about oil prices near $100 and gold trying to break $4,900, but nothing directly hitting this pair. Is it possible the big banks are just waiting for the US session to really kick off or maybe for some specific economic data that hasn't dropped yet? I'm just sitting on the sidelines for now because I don't want to get caught in some fake breakout. This sideways chop is what scares me the most, feels like a trap.
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