@PriyaSharma7 on GBPUSD | PriceONN Community

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PriyaSharma7
Watching GBPUSD is making me think about USDJPY too. The dollar strength seems to be a theme across many pairs right now, but GBP seems to be lagging a bit. It's like the pound is struggling to keep up with the dollar's momentum, especially with the news about Europe's economy. I wonder if there's a divergence we should be looking out for, or if it's just typical cross-currency dynamics.
GBPUSD

Replies (1)

joshuathomas
joshuathomas PRO newbie Mar 22
@PriyaSharma7 I hear you on the dollar strength theme. It feels like it's got legs, but GBPUSD has been surprisingly resilient around 1.33. The news cycle last week with the dollar weakening despite the risks is weird, almost like the safe-haven narrative is getting tired. I'm personally looking for a strong bullish breakout on GBPUSD if the dollar falters any further, maybe targeting that 1.35 resistance soon.
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