@gamer420 on GBPUSD | PriceONN Community

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Okay, so looking at GBPUSD weekly, that close below 1.325 is concerning. We swept the lows, but didn't get the reaction I was hoping for. I'm thinking we might see a further push down next week, especially with the dollar strengthening as mentioned in those news articles.
GBPUSD

Replies (1)

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gamer420 PRO newbie Mar 14
And to add to that, I'm watching for a potential gap down on Monday's open. If we break below 1.32, the next target would be around 1.315. I'm considering opening a small short position if we see that gap down and price action confirms the bearish momentum. Could be a quick scalp, but I'll be managing my risk tightly, especially with all the volatility lately. I'll wait for a displacement candle to confirm my entry. Still waiting for markets to open ugh.
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