@brittany_a67 on GBPUSD | PriceONN Community
B
Considering the current price of GBPUSD at 1.33596 and the proximity to R1 at 1.33598, I've initiated a small short position. The RSI is neutral, but the price action suggests resistance at this level. I am targeting the pivot point at 1.33423 as a potential take profit. My stop-loss is cautiously placed above R2 at 1.33712. I will monitor the pair closely, especially given the quiet overnight session. Risk management is key, and I've sized the position accordingly. I will update if anything changes.