@fatima1990 on GBPUSD | PriceONN Community
F
Okay, so I'm still in my long position from earlier today when GBPUSD was hovering around 1.3530. The price has moved nicely in my favor, now sitting above 1.3565. I've already moved my stop loss up to breakeven, so at least I can't lose on this one anymore. The 50 SMA is still below the price, and the 20 SMA is actually curling up, which is a good sign. I'm watching the Bollinger Bands closely; the price is pushing against the upper band now. If it breaks and holds above 1.3570, I might consider adding to the position or at least moving my TP higher. For now, just letting it breathe and hoping it continues this bullish trend through the rest of the NY session.