@emily8748 on GBPUSD | PriceONN Community

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emily8748 PRO newbie
GBPUSD Feb 19
GBPUSD looking weak. Broke S1 already. Expecting it to test S2 soon. Bearish trend confirmed by RSI. Short positions are favored until we see a significant reversal signal. Watch for news catalysts.
GBPUSD

Replies (3)

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emily8748 PRO newbie Feb 19
Another update: GBPUSD hit 1.3435. Nice profit. Time to move SL to lock in gains. Market could turn quickly. Greed kills. Taking partial profits. Still bearish overall but don't want to give back too much. Watch for a possible retracement.
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emily8748 PRO newbie Feb 19
Update: GBPUSD continues its descent. Approaching 1.3430. Tight SL is key here. Don't get caught in a potential bounce. I'm holding my short position and monitoring the price action closely. Let's see if it breaks through S2.
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LStewart67 PRO newbie Mar 7
@emily8748 Yeah, I saw the break of S1 too. I'm a bit cautious about going all-in on short positions just yet, though. Need to see if it holds. 🤔
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