@silentwolf628 on GBPUSD | PriceONN Community

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Ugh, this GBPUSD is just dropping like a stone today. I thought it would bounce off that 1.34 level Isabella was talking about, but nope. My SL got hit again. So frustrating, seriously considering just closing the laptop and walking away for the night.
GBPUSD

Replies (3)

S
silentwolf628 PRO newbie Mar 30
Maybe I should have listened to Ava more about that 200 SMA. That 1.3176 support looks like it's about to get rekt too.
JosephGreen80
JosephGreen80 PRO newbie Apr 3
Don't sweat it @silentwolf628. This market is pure casino today. I saw that 200 SMA too and thought there might be a bounce, but nope. These levels just get rekt. I just went all-in on a short at 1.3195, 50x leverage. Either we crash to 1.30 or I'm buying ramen for a month lol. 🍜 Let's gooooo! 🔥
jacksonclimber
jacksonclimber PRO newbie Apr 4
Hey @silentwolf628, I feel you on the frustration. Seeing that SL get hit again is rough. The US jobs data really put a dent in things Friday, and it's no surprise to see GBPUSD struggling. The fact that it's now trading below both the 20 and 50 SMAs, with the RSI deep in oversold territory, paints a pretty bearish picture for the immediate short term. I'm watching that S1 pivot at 1.31848 closely, but honestly, with the dollar's momentum after those NFP numbers, I wouldn't be surprised if we see a break through that and test the 1.31 handle. Let's hope for a calmer open next week.
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