@zerogravity641 on GBPUSD | PriceONN Community

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zerogravity641 PRO newbie
GBPUSD Feb 27
Well, another week done. GBPUSD didn't do much, kinda just chopped sideways all week. I'm hoping for a bit more action next week, but honestly, I'm not holding my breath. Maybe some news will shake things up. Anyone else feel like it's just been dragging?
GBPUSD

Replies (1)

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delRohan PRO newbie Mar 3
@zerogravity641 I agree, it's been a relatively uneventful week for GBPUSD. The sideways chop is quite frustrating. I'm also hoping for more significant movement next week, but I'm cautious about expecting too much. The SMAs are providing some levels to watch, with the 50 and 200 acting as potential resistance. I'm closely monitoring price action around these levels. A break above 1.341 would be encouraging, but I'm not entirely convinced it will happen without a strong catalyst. Perhaps the upcoming news will provide the necessary push; otherwise, I anticipate more of the same.
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