@MichelleSkier on GBPUSD | PriceONN Community
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This GBPUSD move is making me think about the USD/JPY pair. Remember how JPY was getting hammered with that inflation news and the BoJ hinting at a shift? It feels like the dollar is just getting stronger across the board, and that's putting pressure on pairs like this. We had that little bounce off 1.3350, but it was clearly weak. When you see USD strength like this, it often means other majors will struggle. I'm watching the 200 SMA around 1.3335, that's the next big level if this thing keeps bleeding. It’s like a domino effect, one currency strength impacts others. If the dollar keeps this momentum from the Fed uncertainty and geopolitical stuff, GBPUSD could be in for a rough ride down. YOLO'd a short on this earlier, let's see if it pays off. 100x leverage or why bother, right?