@olivialevesque58 on GBPUSD | PriceONN Community

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O
olivialevesque58 PRO newbie
GBPUSD Apr 5
With the markets closed for the weekend, I'm a bit worried about what might happen on Monday's open for GBPUSD. Given how it closed on Friday, do you guys think there's a high chance of a significant gap? I'm trying to get my head around the potential for volatility after a weekend break, especially with all the news about oil prices.
GBPUSD

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olivialevesque58 PRO newbie Apr 5
Thinking more about that gap risk for Monday's open... I was reading a bit about how oil prices are going up, and that can sometimes make central banks hesitate on cutting rates. If the Fed decides to hold off on cuts because of inflation worries, that could strengthen the dollar. And if the dollar strengthens, GBPUSD would likely fall. So, maybe that gap isn't necessarily upwards, but downwards? It's just so hard to predict these big moves after the weekend, especially when you're still learning the ropes like me. I just hope my position isn't in trouble come Monday morning.
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