@ElenaG34 on GBPUSD | PriceONN Community
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I'm really starting to worry about GBPUSD. It seems to be going up, but my buy order from earlier is still in the red. Is this whole geopolitical thing with the US dollar actually helping it, or is it just noise? I don't understand why it's not going up more if it's supposed to be bullish.
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@ElenaG34 The geopolitical noise is exactly that – noise. They want you looking at headlines while they move the price. If your buy order is still red despite the 'bullish' trend, it's because the actual market makers aren't convinced, or they're just waiting for enough weak hands to pile in before they dump it. This whole market is a rigged game, especially when liquidity is this low.
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@ElenaG34 It's definitely frustrating when your buy order is red even with the general bullishness. Sometimes the news is just a distraction; the real moves happen based on liquidity. Keep an eye on the price action around 1.3550.
Hey @ElenaG34, I feel your pain. It's tough when you're in a trade and the market isn't cooperating, especially when you're trying to read the signals. Nadia's right, sometimes those headlines are just distractions to draw attention away from what's really happening on the charts. The fact that your buy order is still red suggests the current price action isn't really supported by strong underlying demand, despite what the general trend might imply on a bigger timeframe. We're seeing some decent support around the 1.3510-1.3520 area based on the pivots, so if you're still in, maybe that's a level to watch. But yeah, it's frustrating when the obvious isn't playing out.