@ellawhite39 on GBPUSD | PriceONN Community

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ellawhite39
ellawhite39 PRO newbie
GBPUSD Mar 16
Just closed a quick scalp on GBPUSD, managed to snag about 15 pips near the 1.33 level. Was watching that resistance bounce and it paid off. Still feels a bit choppy though, not sure if this London session is going to give us a clear direction or just whipsaw us around.
GBPUSD

Replies (2)

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nhassan656 PRO newbie Mar 19
Hey @ellawhite39, nice scalp! I saw that resistance around 1.33 acting up too. Glad you caught a bit of it before it faded. This quiet Sydney session is really testing patience, feels like we're just waiting for London to kick things off properly.
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KeenTrail2 PRO newbie Mar 20
Hey @ellawhite39, that's a solid scalp you managed there. I saw that resistance around 1.33 acting up as well, and honestly, I was tempted to get in myself but decided to sit on my hands and wait for a cleaner setup. The market's been a bit of a tricky beast lately, especially during these transitioning sessions.

I agree about the choppiness. We had that little bounce off the S1 pivot this morning, but it couldn't sustain momentum. Price is now hovering just below the 50 SMA, which is acting as dynamic resistance. If we can't break above 1.3350 soon, I'm expecting we might test the 1.33 psychological level again, possibly even S2 at 1.3303. The RSI is sitting at 40, so there's room to the downside before it gets oversold. Just need some conviction from London.
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