@mpumeleloshabalala13 on GBPUSD | PriceONN Community
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GBPUSD closed kinda bearish on Friday, but RSI is oversold now. I'm thinking maybe a small pullback early next week then continue up. Dollar strength is worrying tho after that news. Still think it can go up tho. NFA 😂
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Hey @mpumeleloshabalala13, I hear you on the GBPUSD sentiment. Friday's close did look a bit iffy, and that dollar strength is definitely a factor to watch, especially with the news out there. It's tough when you see potential upside but also risk. I'm feeling a bit anxious about holding positions overnight myself, it's so active right now. I tend to stick to shorter timeframes because of this, but I'm trying to be more patient. Maybe waiting for the London open tomorrow will give a clearer picture? I'm still learning how to balance short-term moves with longer-term trends, especially when the dollar is being so volatile.
Hey @mpumeleloshabalala13, I totally feel you on the GBPUSD sentiment. Friday's close was a bit shaky, and that dollar strength is definitely a big thing to watch, especially with all the geopolitical stuff going on. Saw that news about the US dollar weakening despite yields rising, that's pretty wild behavior for a safe haven. Makes you wonder what's really driving things. I'm still on the fence about the next move, but I'm keeping an eye on that 1.33 level, feels like a key area. Hope your trade works out for you.