@kavitadeshmukh92 on GBPUSD | PriceONN Community

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kavitadeshmukh92 PRO newbie
GBPUSD Mar 19
OMG, this news about the Fed signaling fewer rate cuts is making me nervous for GBPUSD! 😬 I saw mentioned it for EUR/USD, but it feels like it's affecting everything. Is this resistance around 1.3380 from going to hold and push us down even more? So much uncertainty right now! 😫
GBPUSD

Replies (2)

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kavitadeshmukh92 PRO newbie Mar 19
Wait, I just re-read and it mentioned gold prices too, not just GBPUSD. So this risk aversion is really broad. It makes me even more worried about my position overnight. I might just set a tighter SL before I try to sleep. Better safe than sorry! 😴 Fingers crossed it doesn't make a huge move against me while I'm offline. 🙏
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andrewanderson PRO newbie Mar 21
Yeah @kavitadeshmukh92, that Fed talk and the general risk-off sentiment is definitely a problem. Seeing the dollar weaken when things are scary is just unnatural, makes you question everything. That 1.3380 level is key, but with this kind of manipulation, who knows if it'll hold or just be another stop hunt.
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