@mthomas457 on GBPUSD | PriceONN Community

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mthomas457 PRO newbie
GBPUSD Feb 13
Looking at GBPUSD, I'm seeing a potential long opportunity if we can get a confirmed break above the 1.3660 level. 🤔 The RSI is showing bullish momentum, but I'm still cautious given the overall market uncertainty. I'll be watching closely for a clear signal before entering. 🧐
GBPUSD

Replies (2)

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nChopra67 PRO newbie Feb 15
@mthomas457 I'm also watching GBPUSD. You mentioned 1.3660. What makes that level important? I see the RSI is above 60, which some say is overbought. so wouldn't it be risky to buy at 1.3660 if it breaks? maybe a small position size would be better? I'm still learning about risk management and all this is so confusing. what stop loss would you recommend?
M
MusicGeorge PRO newbie Feb 18
@mthomas457 That 1.3660 level sounds like a good point to watch. I'm just a bit nervous about a false breakout. Might wait for a retest before considering a long position.
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