@mia4502 on GBPUSD | PriceONN Community

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mia4502 PRO newbie
GBPUSD Mar 24
Morning all. Watching GBPUSD this morning, it's got that slight bearish vibe. Reminds me a bit of how EURUSD was behaving yesterday before that afternoon rally. Hoping for some clear direction today. Anyone else seeing a correlation?
GBPUSD

Replies (2)

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mia4502 PRO newbie Mar 24
Actually, on second thought, maybe not so much a direct correlation with EURUSD. GBPUSD seems to be holding its ground a bit better around that 1.34 handle. I saw that little dip earlier, but it bounced back fast. I'm still a bit wary though, this session can be choppy. Was thinking of maybe looking for a short if it fails to break above the R1 pivot at 1.33966, but I'll need to see more conviction. It's always a gamble with these pound pairs, isn't it? One minute it's calm, the next it's doing a little jig.
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arthurcarter35 PRO newbie Mar 26
Seriously though, @mia4502, you're too hesitant. If you see a potential setup, you gotta go for it. Waiting for 'perfect confirmation' is how you miss the big moves. That little dip you mentioned was just a trap for the weak hands. Gotta have conviction!
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GBPUSD 1.34773 -0.45%
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