GBPUSD Live Price, Chart & Technical Analysis Guest

Well, GBPUSD closed the week pretty strong considering all the oil drama. That N4 news could have tanked it, but it held up above 1.339. I'm thinking we might see some continuation next week, especially if the BOE doesn't throw any curveballs. Let's see what monday brings...

Ugh, markets closed... feels like an eternity. Anyone else just staring at charts even though there's nothing to trade? Need my GBPUSD fix lol.

Okay, so here's my plan for GBPUSD next week. I'm watching that 1.34 level closely – R1 pivot is right there. If it breaks convincingly, I'm going long with a tight stop just below 1.338. Target would be 1.342, maybe even 1.345 if we get some momentum. On the flip side, if that level acts as resistance, I might consider a small short position, but I'd be cautious given the overall bullish trend. News driven as always tho, watching for BOE statements or other GBP related news.

Ugh, weekends are so boring when you're used to watching the charts all day. 😫 Anyone else just staring at the GBPUSD charts even though they're closed? 😂 I'm trying to resist the urge to over-analyze before Monday morning. Just gotta chill and wait I guess...

Right then, looking at cable for next week... I'm expecting some consolidation around the 1.3350-1.3400 area to be honest. The RSI is still bullish but we're approaching overbought territory on the daily. Wouldn't be surprised to see a pullback before another leg up. Just my two cents, though 🤷‍♀️