@RyanG75 on GBPUSD | PriceONN Community
Anyone else think Cable's just waiting for some drama to kick off? Feels like it's been stuck in this range forever. I'm leaning towards a short if we break below the 50 SMA, but I'm not holding my breath. This pair is more indecisive than my ex.
Replies
E
@RyanG75 Haha, indecisive ex... I feel that! 😂 Yeah, this range is getting old. I'm also watching for a break below that 50 SMA, could be a good shorting opportunity. 🤞
J
Haha @RyanG75, I feel your pain! Cable's been a real snooze-fest lately. I agree, it's like it's waiting for some major catalyst. Your ex probably trades this pair, LOL! I'm kinda with you on the short idea if it breaks that 50 SMA around 1.3631. Could be a decent scalp down to S1. But yeah, I'm not holding my breath either. Need to see some volume and momentum before I commit. Maybe wait for London open? What's your TP looking like?
@RyanG75 Haha, I feel you on the indecisiveness! I'm seeing the same range-bound action. A break below the 50 SMA at 1.36007 could be a good short signal, but I'm waiting for confirmation. Maybe a strong bearish candle on the H4 chart? Gotta be patient with Cable, it can be a tricky one.