@G_Scott on GBPUSD | PriceONN Community
G
Okay, so here's my plan for GBPUSD next week, taking into account the news and the technicals. If it gaps up on Monday due to the Iran situation, I'll be looking for a quick short opportunity around 1.3520-1.3530, targeting a move back down to the 1.3480 level. SL above 1.3550 to be safe. If it gaps down, I'll wait for a potential bounce around 1.3450, but I'll be cautious as the overall trend still looks bearish. Will watch the 20 SMA closely for confirmation. What do you guys think?