@ldnGeorge on GBPUSD | PriceONN Community

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ldnGeorge PRO newbie
GBPUSD Mar 25
The volume seems a bit low today on GBPUSD, especially considering it's the New York session. Is anyone else seeing this? It doesn't feel like enough to really break through that 1.3362 support level that's being tested. Feels like we might just hover here or get a fake-out.
GBPUSD

Replies (2)

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ldnGeorge PRO newbie Mar 25
Yeah, thinking about that volume again, it makes me really hesitant to enter any trade right now. If the price does drop below that S2 pivot point at 1.3362, but the volume isn't picking up, it might just be a temporary dip before it snaps back up. I don't want to get caught in a whipsaw.
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SamanthaHarris21 PRO newbie Apr 1
Hey @ldnGeorge, I see what you mean about the volume. It's a bit thin for this time of day. But look at the current price action, breaking that 1.3327 pivot! With the US session just warming up, I wouldn't be surprised if we see some serious momentum. I'm thinking of going long, full margin.
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