@kevinrobinson48 on GBPUSD | PriceONN Community
K
Hey Josefina, I'm also watching the 50 SMA closely. My strategy today is to wait for a clear rejection off that level or the pivot point. If we get that bounce like the news suggests with the dollar weakening, I'm looking to add to my current position. Trying to scale in cautiously, no need to rush it when the market is this quiet.
Replies
Hey @kevinrobinson48, I feel you on watching that 50 SMA. It's been such a stubborn level. I'm also looking for a clear signal before committing to anything big. This sideways action is tough, but patience is key.