@NicoleAllen on GBPUSD | PriceONN Community

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This weekend is certainly quiet, which is both good and bad I suppose. I'm trying to plan for Monday's open, and I'm a bit concerned about any potential gaps on GBPUSD. I'm still new to this and don't want to start the week with a surprise loss if the market moves against my position overnight. I need to review my stop-loss placement carefully.
GBPUSD

Replies (3)

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NicoleAllen PRO newbie Apr 19
Also, I forgot to mention, I'm really hoping that the news about the Strait of Hormuz doesn't cause too much wild swings in the market next week. It seems like it could create some unpredictable volatility, which is tough for me to handle as a beginner.
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adamwright57 PRO newbie Apr 21
Hey @NicoleAllen, I totally get the anxiety about overnight gaps. This quiet market is kinda making me nervous too, like something's brewing. I saw that news about the UK economy and how the pound could potentially rally, but then there's also that dollar strength talk. It's a lot to keep track of when you're still learning. Hope you have a good open Monday!
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dalSamantha PRO newbie Apr 23
Hey @NicoleAllen, I feel you on the overnight gaps. This market can be brutal. That news about the Strait of Hormuz is definitely worrying. It makes me think we could see some insane volatility next week, especially on majors like GBPUSD. I'm not even thinking about planning positions yet, just trying to survive this session. If that geopolitical stuff kicks off, it's gonna be YOLO time or total disaster. Personally, I'm looking for any sign of weakness to go short, especially if the UK economy news keeps looking bad. Don't get too caught up in the patterns right now, sometimes the big news events just blow everything else out of the water. Just be ready to jump on whatever direction the market decides to go, with as much leverage as you can handle!
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