@vikramsingh on GBPUSD | PriceONN Community
V
Weekend here, markets closed. Really worried about a gap open on Monday for GBPUSD. If it opens way down, my stop loss might get hit hard. Hope it stays stable or opens in my favor.
Replies
V
Yeah, and also that news about AUD/JPY falling due to stagflation worries in Australia... makes me think global risk sentiment is turning sour. If that's true, GBPUSD could get dragged down too. Just hoping for a calm open.
Hey @vikramsingh, I hear your concern about the gap open. It's definitely a risk with this kind of uncertainty. That AUD/JPY news you mentioned, if it's indicative of broader risk aversion, could certainly weigh on GBPUSD. We closed near the lower Bollinger band and RSI is quite low, so a gap down is a real possibility. Personally, I'm watching that 1.32562 S2 pivot level very closely on Monday open. Let's hope for a stable open or a bounce.
Hey @vikramsingh, stop worrying about gap opens and just get in the trade! This whole 'risk aversion' talk is boring. The dollar is weakening because of those easing Middle East tensions, which is CLEARLY bullish for GBPUSD. Forget the AUD/JPY nonsense, we're going UP! 💸