@robert9723 on GBPUSD | PriceONN Community

Furthermore, I am considering reducing my leverage on GBPUSD trades next week. Given the potential for geopolitical instability stemming from the Iran situation, a more conservative approach seems prudent. A sudden spike in risk aversion could easily push GBPUSD down towards the 1.34 level, or even lower if the situation escalates. I'll be watching the news closely over the weekend and adjusting my positions accordingly. It's better to be cautious and preserve capital in times of uncertainty. The technicals are almost irrelevant if the market is driven by fear. I may wait for the initial reaction before entering any new positions. Patience will be key.

Update: I am concerned about that news regarding Iran. I suspect we will see a risk-off move when markets open. Might need to adjust my strategy to account for increased volatility.