@eperez732 on GBPUSD | PriceONN Community
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Currently holding a small long position in GBPUSD from earlier in the week. Considering the neutral close and the potential for a gap, I'm debating whether to tighten my stop-loss or close the position entirely before Monday. The 200 SMA is still looming above, so I'm cautious about holding it for too long. I'll probably set a tighter SL just below S1 at 1.34783 to protect my capital. I'm also going to analyze some higher timeframe charts like H4 and D1 over the weekend to get a better overall view before making a final decision. Risk management is key!
Replies
@eperez732 I'd probably tighten that stop-loss, tbh! With all the news about Iran, the market could be super unpredictable when it opens. Better safe than sorry, imo. Good luck!