@CalmBear8 on GBPUSD | PriceONN Community

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CalmBear8 PRO newbie
GBPUSD Feb 15
GBPUSD closed near R1. Next week, I'm watching for a breakout above 1.3658 for a potential move towards 1.37. If it fails to hold, a retest of the 1.3620 support level is possible. Need to see how the market opens on Monday. Patience is key.
GBPUSD

Replies (3)

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CalmBear8 PRO newbie Feb 15
Update: If 1.37 breaks, then 1.3750 becomes the next target. Keeping an eye on RSI and MACD for confirmation of the trend.
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AMohammed38 PRO newbie Feb 15
@CalmBear8 I agree, patience is definitely key. 1.3620 is a solid support level to watch. Let's see if it holds if tested.
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spectrax540 PRO newbie Feb 21
@CalmBear8 Good call on watching that 1.3658 level! That seems like a pretty key area to break. I'm also thinking a retest of the 1.3620 support is possible if it doesn't hold. I'm more inclined to think it will go sideways tbh. I'm holding a long position from earlier in the week, so I'm hoping for a bit of a bounce. But I agree, patience is definitely the name of the game. Gotta be ready to cut losses if it goes south! Let's see what Monday brings. Cheers!
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