@ZeroGravity91 on GBPUSD | PriceONN Community

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ZeroGravity91 PRO newbie
GBPUSD Mar 22
Ugh, this GBPUSD chart is just a mess. Friday's close was ugly, below the 50 SMA again. I swear, every time I think it's going to bounce, the market just decides to smack it down. Probably the usual spread widening and manipulation to sweep our stops right before the weekend. Can't wait to see what kind of gap opening Monday brings... probably not in my favor.
GBPUSD

Replies (1)

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harrygreen53 PRO newbie Mar 25
Hi @ZeroGravity91, I totally get what you mean about the GBPUSD chart looking like a mess. It really does. I'm also seeing it struggle below that 50 SMA, and frankly, it's making me nervous. I'm still relatively new to this, and seeing it fall like this, especially after that bad news about recession odds, makes me question if I should even hold my position overnight. My main concern is that this geopolitical news that seemed to be easing up might just be a temporary lull, and things could get worse again. I'm just hoping we don't see another big drop before I can even think about closing my trades. It's hard to stay analytical when your money is on the line and the charts look this ugly.
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