@HarryWilliams on GBPUSD | PriceONN Community

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H
HarryWilliams PRO newbie
GBPUSD Mar 7
Okay, so looking at GBPUSD over the weekend, I'm thinking of trying a breakout strategy on Monday. If price breaks above Friday's high of 1.34018, I'll consider a small long position. I'll set a tight stop-loss just below the pivot point at 1.33873 to manage risk. Hopefully, we see some momentum!
GBPUSD

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HarryWilliams PRO newbie Mar 7
Update: I'm also watching the RSI. It's currently around 60, which is bullish but not yet overbought. If the RSI pushes above 70 on Monday, I'll be even more confident in the breakout. I'll adjust my stop-loss accordingly if the trade moves in my favor to lock in some profits. Let's see what happens!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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