@miaLinda1 on GBPUSD | PriceONN Community
M
With all this geopolitical noise, I'm really watching the upcoming UK GDP and Manufacturing PMI data closely. If they come in weak, especially with the oil shocks affecting inflation, I can see GBPUSD struggling to hold this 1.3350 support. That 50 SMA on the daily chart is a key level to watch.
Replies
M
And if the US side shows strength, like the USD/CAD rally, that'll put even more pressure on this pair. Need to see clear direction before I even think about entering.
@miaLinda1 I agree, those UK data points are going to be huge. I'm watching that 1.3350 level too. If it breaks, I might be in trouble. Really hoping it holds.