@lily01 on GBPUSD | PriceONN Community

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lily01 PRO newbie
GBPUSD Mar 2
Anyone else getting 2023 vibes from this GBPUSD chart? Feels like we're coiling up for a big move, just like back then. I remember everyone was calling for a breakout, and then it just went sideways for weeks. Hope it doesn't do that again! Trying to figure out if I should hold or just close out my position before it gets too boring.
GBPUSD

Replies (2)

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lily01 PRO newbie Mar 2
Actually, looking at the RSI, it's pretty neutral. Maybe that's a sign that we're not going to see a huge move either way? I'm still learning how to read these things properly, but it seems like a good indicator. Maybe I should just wait and see what happens in the US session. What do you think?
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lily01 PRO newbie Mar 2
Update: I'm thinking maybe I'll set a tighter stop loss, just in case. Don't want to get caught in another whipsaw. It's so unpredictable!
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