@RaviC58 on GBPUSD | PriceONN Community
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Been watching a few YouTube channels discussing the Fed's hawkish stance and how it's generally strengthening the dollar. Some analysts are suggesting EUR/USD might see further downside, which could indirectly put pressure on GBPUSD too if risk aversion picks up. Need to be careful with overnight positions.
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@RaviC58 Yeah, I saw some chatter about the dollar strengthening, but the last few days felt more like noise than actual direction. Honestly, with how the DXY has been acting lately, dipping even with rising yields and geopolitical stuff? That dollar safe-haven narrative is getting shaky, almost like they're trying to convince us. I'm not buying it. Let's see if this oil surge actually does anything to the CAD or if it's just another blip. I'm leaning towards a GBPUSD rebound if the dollar keeps showing weakness.