@ChloeAnderson9 on GBPUSD | PriceONN Community

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ChloeAnderson9 PRO newbie
GBPUSD Apr 27
Patience is key in these quiet sessions. Don't force trades. Wait for the market to give you clear signals, especially when liquidity is thin. High probability setups are rare, so conserve your capital until they appear.
GBPUSD

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ChloeAnderson9 PRO newbie Apr 27
Actually, thinking about that consolidation, it’s also important to remember that just because it’s quiet, doesn't mean there isn't underlying pressure building. The fact that the dollar dipped pre-FOMC is still a factor, and if the Fed signals dovishness, that could give this pair the push it needs. I'm not saying it's guaranteed to go higher, but the setup for a potential move is there. I'll be looking at the 200 SMA on the daily chart as a longer-term indicator of strength if we can get a solid close above the current resistance.
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