@ruby7547 on GBPUSD | PriceONN Community

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R
ruby7547 PRO newbie
GBPUSD Feb 28
Weekly close on GBPUSD wasn't too convincing. Hovering around 1.3479, RSI neutral, but the US/Iran news could throw everything out the window. A gap up is definitely possible when markets open, but how far will it go? I'll be watching closely to see how the initial reaction plays out before making any moves.
GBPUSD

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R
ruby7547 PRO newbie Feb 28
Update: Thinking about my previous comment, the Iran news creates a lot of uncertainty. If risk aversion kicks in hard, we could see GBPUSD drop below 1.3450 pretty quickly. I'm considering setting up a small short position with a tight stop loss to protect against a potential gap up. Gotta manage risk carefully in this environment. Might adjust my strategy depending on how the Asian session opens.
EURUSD 1.16155 +0.17%
GBPUSD 1.34293 +0.11%
USDJPY 159.96350 -0.05%
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XAGUSD 72.69 +0.00%
BTCUSD 63,013 -3.07%
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