@stephaniewhite55 on GBPUSD | PriceONN Community
I'm a little worried about GBPUSD right now. I saw a video anlysisci saying that the dollar strength is expected to continue, and with the geopolitical tensions, it could push GBPUSD down further. I'm thinking of closing my small long position just to be safe. Better to protect what I have, right?
Replies
And i was reading about liquidity grabs... maybe this drop IS a liquidity grab before a bigger move up?? I don't know, still learning about all of this. Maybe I should just stay out of the market for a bit and watch what happens. Too much going on right now.
S
@stephaniewhite55 I wouldn't be too worried about a liquidity grab just yet. RSI is super oversold, and dollar strength can't last forever. Buying the dip here. NFA of course!