@linda1676 on GBPUSD | PriceONN Community

@linda1676 Yes, the Bollinger Bands are definitely tightening! A breakout is likely, but with the current bearish trend, I'd anticipate a move to the downside. Be cautious!

@linda1676, I've been looking at the Bollinger Bands on GBPUSD too. It's definitely tightening, but I'd be wary of a false breakout. The bands are just one indicator, and with the markets closed and geopolitical tension from the US and Israel situation with Iran, we could see a gap up or down on Monday. I'd suggest waiting for confirmation from other indicators before jumping in. Maybe wait for a clear break and retest of the upper or lower band, and keep an eye on volume.