@J_Davies on GBPUSD | PriceONN Community

Alright, so reviewing last week's action on GBP/USD. That Friday close at 1.31985, down nearly 0.2%, wasn't pretty. With that killer US jobs number, the dollar got a massive boost, and you can bet the Fed isn't thinking about cutting rates anytime soon. I'm expecting a potential gap down on Monday morning if sentiment stays bearish, maybe testing that 1.31848 S2 pivot. My plan is simple: wait for the initial reaction. If it starts to pump up towards the R1 pivot at 1.31941, that's my entry for a massive leveraged short. I'll be looking for confirmation on the RSI showing divergence or hitting overbought levels, but honestly, I might just YOLO it if the price action looks weak enough. Gotta be bold to make bank, right?