@IfiokEssien57 on GBPUSD | PriceONN Community

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IfiokEssien57
IfiokEssien57 PRO newbie
GBPUSD Mar 30
This GBPUSD action is so slow, reminds me of that quiet period for EURUSD last month. Both pairs just grinding sideways, feels like nothing is happening. Maybe they're waiting for the same news catalyst or something. Just watching the chart tick by... kinda boring tbh.
GBPUSD

Replies (2)

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AntonioBautista PRO newbie Mar 31
Seriously @IfiokEssien57, 'boring' is an understatement. This Asian session is dead. Feels like we're just watching the bots play ping pong around 1.3170. They probably ran out of liquidity to hunt earlier. Now it's just... nothing. This whole 'grinding sideways' thing is just code for 'no real price discovery, just spread widening and SL grabs'. Give me some volatility or give me sleep. This is pointless.
A
ava7356 PRO newbie Apr 6
I agree @IfiokEssien57, this session is incredibly dull. It feels like the market is holding its breath. While @AntonioBautista mentioned bots, I suspect the low liquidity in Sydney is the primary culprit, making any minor order flow look more significant than it is. I'm holding off on any major decisions until London opens and liquidity improves.
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