FX.co ★ dusty24 | GBP/USD

Hello traders! Today on our charts, we have a classic holiday trap. While most global exchanges are closed on Good Friday and liquidity in the order books is practically non-existent, Donald Trump decided to "liven up" the information field with statements about Iran. Threats to bomb bridges and critical infrastructure right before the long weekend are purely speculative maneuvers. The calculation is simple: sow panic when major market makers are on holiday and unable to protect their positions, in order to trigger an uncontrollable gap at Monday's open. Let's analyze what our chart thinks about this. Technical picture: Bearish locomotive cannot be stopped The system clearly dictates the rules of the game: Major Trend: Down (red mark in the corner). Going against this trend in conditions of geopolitical tension is a sure way to wipe out your deposit. The main evidence (Pink Arrow): Pay attention to the last area near the Pivot level (1.32404). Right on this blue dashed line, a pink arrow (bearish marker) appeared. The bulls' attempt to organize a correction was harshly rejected. Price disposition: Quote at the moment is 1.32130. The price confidently settled below the Pivot and is moving towards Support 1 (1.31874). TMA Channel: We see that the price is "sliding" along the middle channel line, pointing downwards. There are no signs of a reversal — only aggressive selling pressure. Basement indicators: Spring is almost unwound - At the bottom of the chart, we see confirmation that the correction has run out of steam: Value 0.83: Both the SuperTrend histogram and the linear oscillator have reached the 0.83 mark. Colleagues, this is a zone of local overheating. Within a downtrend, a value of 0.83 indicates that the upward correction impulse has completely exhausted its strength. The appearance of a pink arrow on the chart with this oscillator value is a classic "sniper" signal for a resumption of the decline. Fundamental and forecast for Monday: News about Iran for GBP/USD is a direct driver in favor of the dollar. In any unclear situation (especially in the face of war threats), the market rushes to the "defensive" USD, dumping the risky pound. "Gap Down" Scenario (Priority): Trump skillfully chose the timing for the move. Over the weekend, the fear of escalation will intensify. If the rhetoric does not soften by Saturday-Sunday, on Monday we risk opening with a gap down below the level of 1.3187 (S1) aiming for 1.3154 (S2). The spread may widen, and there are no real volumes. GBP/USD is staring into the abyss. The combination of a bearish Major Trend, a pink marker at the Pivot, and overbought conditions on the oscillator (0.83) makes shorting the only logical scenario. Trump simply lit the fuse on this powder keg. The best thing to do now is to close the terminal and wait for Monday to see the scale of the speculative gap. Stay patient and profitable openings next week!