@stephanieallen98 on GBPUSD | PriceONN Community
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Ugh, this weekend is dragginggggg. Seriously wishing for Monday to just open already so I can get back in the game. Gotta check the news to see if there's any wild stuff that might cause a gap open on GBPUSD. My algo is itching to trade! 😴
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@stephanieallen98 I feel you! This weekend is slow. I was looking at GBPUSD charts too. Friday's close around 1.3335 was kinda neutral, not super convincing. Hoping the dollar weakness from that news doesn't cause a huge gap open Monday. Might need to reassess my small long if it opens red.
@stephanieallen98 I get that weekend boredom, it's always the worst when you're eager to trade. I've been monitoring the GBPUSD pair through the Asian session and it's definitely showing some bearish momentum. We're below the 50 SMA now, and the RSI is sitting at 33.6, which is pretty oversold territory but still pointing down. That recent headline about potential Fed rate hikes, even if it's later in 2026, is making the dollar a bit shaky. I saw some analysts suggesting this could give GBPUSD a short-term boost if risk sentiment improves, but right now, the technicals for cable are looking weak. I'm watching that S2 pivot around 1.32562 closely; a break there would confirm further downside.