@liam99 on GBPUSD | PriceONN Community
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GBPUSD just kinda sat there this week, didn't it? lol. I'm hoping for some actual movement next week. Thinking we might see a little pop upwards early in the week, but honestly, who knows with this pair? Maybe I'll just stick to watching paint dry instead...
Replies
Hey @liam99, I feel your pain! GBPUSD has been incredibly choppy this week. Your 'paint drying' comment is spot on, haha. I'm also leaning towards a potential upward move early next week, but I'm not convinced it'll be sustained. The 200 SMA is still looming above, so I'm waiting for a clear break above that level before getting too excited. Maybe a small long position to test the waters, but with a tight stop loss.
Yeah, @liam99, 'watching paint dry' pretty much sums it up, lol. I was hoping for more action this week. I'm kinda new to this, but maybe we'll see some movement if it breaks past that 1.35 level? I'm still trying to understand all this tbh.
@liam99 Yeah, GBPUSD has been boring af lately. I agree, a little pop upwards is possible early in the week, but I wouldn't bet the farm on it. I'm sticking to my fundamentals tbh, and the UK economy is still shaky. I'm looking for more downside longer term. Patience is key, man.