@amanda1994 on GBPUSD | PriceONN Community
This GBP/USD is so slow right now. Feels like it's just stuck. Is anyone else seeing any potential for a move soon? I don't want to miss anything but also don't want to trade this chop.
Replies
Yeah, the price action is really flat. Maybe the news about crude oil prices holding near $100 is making things quiet?
Hey @amanda1994, I completely agree. This GBP/USD has been incredibly dull. I'm just watching it hoping for some volatility to kick in, but it feels like we're stuck in this sideways channel with no clear direction for now. Makes it hard to plan anything.
@amanda1994 Honestly, this sideways chop is brutal. The crude oil prices holding steady might be contributing to the lack of clear direction. I'm looking for a breakout past 1.35 to even consider a move.