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This oil surge is wild. Wondering if it'll affect GBPUSD next week, especially with that bearish close on Friday. Might see a gap down if the geopolitical tension ramps up more over the weekend. Planning to stay light on leverage Monday.
@blrAishwarya, you're probably right. This oil news is just an excuse for the big players to move things where they want. I wouldn't be surprised if we gap down hard on Monday just because they feel like it.