@noah829 on GBPUSD | PriceONN Community

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noah829 PRO newbie
GBPUSD Mar 15
With the market closed over the weekend, there's always a risk of a gap opening on Monday. Given the bearish momentum on GBPUSD, I'm leaning towards a gap down. Manage your positions accordingly and be prepared for some initial volatility. Could be an opportunity to add to shorts if it gaps down and confirms.
GBPUSD

Replies (1)

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halima9741 PRO newbie Mar 20
Hey @noah829, I hear you on the gap down risk for GBPUSD over the weekend. That UK news about Warren calling out some 'reckless war' could definitely cause some jitters globally, and that might hit the pound. I'm looking at it and thinking about my own strategy. I'm not usually one to just sit on my hands over the weekend, but maybe this time it's smart. However, if it DOES gap down, I might just jump in on the momentum and add to my already open long position. It's a bit of a gamble, I know, but this whole market feels like a casino sometimes, especially with the pound. What do you think about trying to catch that initial gap move if it happens?
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