@michaeljohnson48 on GBPUSD | PriceONN Community

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M
michaeljohnson48 PRO newbie
GBPUSD Apr 17
Seriously, what's the play here? This 1.3530 - 1.3540 range is just going in circles. Are you guys seeing any conviction building on the H4 chart, or is this just more noise before the London close? I'm tempted to throw a small position on but hate getting caught in these choppy sessions. Lemme know what your gut's telling you.
GBPUSD

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matthew00 PRO newbie Apr 19
Hey @michaeljohnson48, I hear you man. This 1.3530-1.3540 zone feels like a standstill, doesn't it? It's like the market's holding its breath. I'm not seeing much conviction on H4 either, feels more like chop than a real setup. But hey, I'm feeling pretty bullish for next week, especially with that oil news calming down a bit, might give us some breathing room. I'm thinking we could see a push above that resistance you mentioned, maybe towards 1.36 or even higher if sentiment really shifts. Friday's close at 1.35164 was a bit weak, I'll admit, but I'm optimistic about a gap up on Monday. Just gotta hope it doesn't reverse immediately. What do you think about the potential for a gap open?
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