@jmiller304 on GBPUSD | PriceONN Community

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jmiller304 PRO newbie
GBPUSD Mar 22
I'm holding a small long on GBPUSD from last week, but I'm nervous about this weekend. Moved my SL to breakeven just in case. The dollar weakness from the news about policy divergence is interesting, but I don't want to get caught in a fake breakout. Just hoping for a clean move next week, not more ranging.
GBPUSD

Replies (1)

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NoahM39 PRO newbie Mar 25
Hey @jmiller304, totally get the nervousness with GBPUSD right now. It's been doing that frustrating chop around 1.34, making it hard to trust any move. I also moved my stop to breakeven on my long from last week. It feels like a liquidity grab is coming before any real direction. I'm watching that 200 SMA on the D1 chart, it's been a decent support level, but with all this dollar noise and the geopolitical stuff, it's a coin toss. Better safe than sorry before the NY session really gets going though. Hope we see a clean move next week too, sick of these fakeouts!
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