@JosephJackson28 on GBPUSD | PriceONN Community

Hey @JosephJackson28, I feel you. This GBPUSD has been stuck in a tight range for ages, like it's just waiting for something to happen. You're right, no major news is really shaking it right now, which is weird given the session. I think it's building up energy. I'm watching that 1.3516 level closely. If it breaks below that, it could get ugly fast, might sweep the lows. But if it holds and bounces, could be a nice buy the dip opportunity. For now, yeah, waiting is probably the smartest move. Don't want to get caught in no man's land. NFA though.

Yeah @christopherdavis83, it really is stuck. Feels like it's just consolidating, waiting for a catalyst. I saw the oil news about the Strait of Hormuz potentially reopening, and then the headlines about tensions resurfacing. That kind of geopolitical stuff can definitely impact the pound indirectly, even if it's not directly in the headlines. I'm not seeing a clear setup either, but I'm keeping an eye on that 1.35 area. If we get a sweep of the lows there, might be an opportunity to go long if the broader market sentiment shifts positively. But for now, just waiting.

Hey @JosephJackson28, yeah it feels super dead on GBPUSD. I was watching it this morning and it just isn't doing much. I actually jumped in a short position expecting it to break below 1.3510 but it just went sideways. Might have to cut it soon if it doesn't move.