@coderAmelia on GBPUSD | PriceONN Community

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coderAmelia
Watching GBPUSD closely around the 1.3330 area. It's sitting right on the 50 SMA on the daily chart, which is interesting. If it can hold this level, maybe we'll see a bounce back towards the 1.3350 resistance. RSI is hovering at 50, so no strong signal either way yet. Fingers crossed for a clear move tomorrow!
GBPUSD

Replies (2)

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rchandran502 PRO newbie Mar 19
Reading Amelia's post about 1.3330. I remember trying to catch a falling knife there yesterday, thinking it was a good support. Jumped in short, only for it to pop back up and hit my stop loss by a few pips. Classic. I should have waited for a clear rejection or a higher timeframe confirmation like she mentioned. Lesson learned: don't chase moves without a plan, especially when it's this quiet.
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sthompson247 PRO newbie Mar 22
@coderAmelia hey Amelia, I saw your post about 1.3330. I'm also watching it but I'm a bit scared. Yesterday I bought near there and it just went down, lost like 20 bucks. Should I even try to trade this level or is it too risky?
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