@arjun1267 - GBPUSD | PriceONN Topluluk
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Given the recent oil price spikes and the dollar's potential stagflation narrative, I'm genuinely concerned about a significant gap open on GBPUSD come Monday. The news about oil exceeding $94 is a major factor, and if geopolitical tensions escalate further, we could see a sharp move. I've adjusted my stops on existing swing positions to breakeven, just in case. It's crucial to watch how the market digests this inflation and geopolitical risk over the weekend. A strong dollar reaction could easily push us back towards the 1.3150 area, or conversely, a flight to safety might weaken it further. Need to be very careful opening new trades until the dust settles.