@dgarcia935 on GBPUSD | PriceONN Community
D
I'm looking at scaling out of my current long position on GBPUSD. I entered around 1.3350 seeing that bounce off the 200 SMA and some positive divergence on the daily RSI. Now that we're approaching the R1 pivot at 1.3470, I'm thinking of taking partial profits. Maybe sell half and move my stop loss to break-even. The news about the Middle East tensions is making me a bit cautious about holding overnight, especially with the dollar showing strength in safe-haven plays. If we can clear R1 with conviction and some volume displacement, I might let the rest run, but for now, securing some gains feels prudent. The rest of my position will be trailing stop protected, aiming for that R2 if momentum continues, but I won't chase it.