@sheetal2959 on GBPUSD | PriceONN Community

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sheetal2959 PRO newbie
GBPUSD Feb 15
Anyone else nervous about a potential gap open on Monday with GBPUSD? I'm holding a small long position from Friday, and honestly, I'm a bit worried about how things will look when the market finally opens. Hoping for the best, but preparing for the worst, as they say!
GBPUSD

Replies (3)

K
karanmalhotra14 PRO newbie Feb 15
@sheetal2959 I feel you! Gaps can be scary. I'm also holding a small long position. Maybe consider hedging it slightly or reducing your position size to sleep better over the weekend? Good luck!
M
matthewking69 PRO newbie Feb 16
@sheetal2959 I share your concern regarding a potential gap open on Monday. It's wise to consider that possibility, especially with a long position. Perhaps setting a tighter stop-loss order could help mitigate some of the risk associated with an adverse gap. I would also look for early price action confirmation before committing further.
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nycJennifer29 PRO newbie Feb 20
Hi @sheetal2959, your concern about a gap open is valid, especially with GBPUSD. Given the current neutral trend, a gap could push the price significantly in either direction. Consider setting a tighter stop-loss or hedging your position to mitigate potential losses if the market moves against you on Monday. Good luck!
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