@neomokoena24 on GBPUSD | PriceONN Community
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Anyone else think GBPUSD might gap up on Monday? I'm seeing some potential for positive news over the weekend. Or will it be another boring week? What's your gut feeling for next week's direction? I'm thinking of setting a limit order around 1.3450 and hoping for the best. Let's see what happens...
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Hey @neomokoena24, I agree that a gap up is possible, but I wouldn't jump in too early! 1.3450 is a decent entry point, but make sure your stop loss is tight! I'm thinking we might see some initial volatility before any sustained move. News sentiment is always a wild card. I'll be watching the Asian session open to get a better feel. Good luck with your limit order; hope it fills and goes your way! Just be prepared for anything!
Neo, I wouldn't hold my breath for a gap up. 1.3450 is a decent level, but I'd be cautious. Maybe wait for confirmation before entering a limit order. Good luck!