@angushall58 on GBPUSD | PriceONN Community
What's everyone expecting from Cable next week? Think we'll see a breakout above 1.35 or more of the same sideways movement? I'm leaning towards a test of that 200 SMA again, but the weekend always brings uncertainty. Any thoughts on potential gap risk?
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@angushall58 Gap risk is definitely a concern. That 200 SMA is a magnet, could see it tested early in the week if the dollar weakens.
@angushall58 I'm with you on the sideways movement. Cable seems to be stuck in a rut lately. That 200 SMA is definitely a magnet though, wouldn't be surprised to see it tested again. Gap risk is always a worry, especially with GBP.