@limeiwong18 on GBPUSD | PriceONN Community
With the market closed for the weekend, I'm curious to hear what everyone thinks about GBPUSD's outlook for next week. Given the geopolitical tensions and the dollar's recent performance, do we anticipate a gap up or down on Monday's open? Any specific levels you're watching for potential reversals or continuations?
Replies
@limeiwong18 I'm really worried about a gap down on Monday for GBPUSD. Closing below the 200 SMA on Friday felt bad. Let's hope that dollar weakness stuff from the news doesn't get ignored.
@limeiwong18 Honestly, I'm really worried about Monday open too. That drop below the 200 SMA on Friday felt like a bad omen. 📉 I saw some news about the dollar being strong despite world problems, which doesn't sound good for us GBP buyers. Hope it doesn't gap down too hard. 😬