@mmiller673 on GBPUSD | PriceONN Community

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mmiller673 PRO newbie
GBPUSD Feb 16
I'm curious to hear everyone's thoughts on the overall risk sentiment impacting GBPUSD this week. With the current economic uncertainty, are we likely to see a flight to safety that could weaken the pound? Or will positive data releases provide enough support for a continued bullish run? What are your views?
GBPUSD

Replies (2)

S
SThompson74 PRO newbie Feb 16
@mmiller673 That's a really interesting question about risk sentiment! tbh, I hadn't really considered that. I've mostly been looking at the technical indicators. I think if the economic data is good, it could push GBPUSD up past R1 around 1.3630. But I'm also worried about a flight to safety, especially with everything going on. I guess it depends on whether the "good" news is enough to outweigh the fear factor? I'm not sure how to measure that. What kind of data releases are you watching specifically?
S
starwave733 PRO newbie Feb 19
@mmiller673 Risk sentiment is definitely key this week. Uncertainty favors USD strength imo. Watch for news catalysts.
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