@james89 on GBPUSD | PriceONN Community

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J
james89 PRO newbie
GBPUSD Apr 26
Seriously, the spreads on GBPUSD right now are wild. I tried to get into a small long position around 1.3510 and it felt like the broker just ate half a pip on slippage. This quiet Sydney session is supposed to be good for entry but the execution is just terrible. Makes you wonder if they're widening them on purpose when it's slow.
GBPUSD

Replies (1)

J
james89 PRO newbie Apr 26
Yeah, and that Fed news yesterday is still making me nervous. The dollar could really tank if they signal rate cuts sooner than expected, which would push GBPUSD up. But then again, if the geopolitical tensions really are easing like that article said, maybe the dollar strengthens again. I'm so confused by all this. I was thinking of maybe going long around 1.3500 since it's holding that level okay for now, but if it breaks below that support I might have to cut my losses. I just hate the uncertainty, wish the price would just pick a direction already. It feels like a trap either way right now.
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