@sarahtaylor95 on GBPUSD | PriceONN Community

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S
Thinking about a quick scalp on GBPUSD. It's hovering around 1.3486, and RSI is neutral. I'm looking for a small push up to 1.3495, targeting that R1 pivot. Tight SL around 1.3480. Could be a fast in and out if the momentum is there. Let's see what happens.
GBPUSD

Replies (2)

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sarahtaylor95 PRO newbie Feb 20
Ok, closed out. Made a few pips. Not a home run, but a win is a win. GBPUSD seems to be struggling around 1.3492. No point in holding and hoping. On to the next scalp!
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sarahtaylor95 PRO newbie Feb 20
Update: Okay, so I'm in on that long position. GBPUSD did break 1.3486 and is testing 1.3490 now. Volume is kinda light though, which is making me nervous. Gonna watch it closely. If it stalls here, I might just close out for a small profit. Need to be disciplined and not get greedy. The 50 SMA around 1.3473 is my line in the sand. I'll cut losses if it retraces that far. Risk management is key, ppl. Keeping an eye on the news too, just in case.
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