@purelake on GBPUSD | PriceONN Community

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GBPUSD seems stuck. Is it going up or down? I'm new to this and can't really tell. The price is just moving sideways. What do you all think? Should I buy or sell?
GBPUSD

Replies (2)

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purelake PRO newbie Mar 3
update: I did it! Entered short at 1.3409. Let's see what happens. SL at 1.3420 as planned. Wish me luck!
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purelake PRO newbie Mar 3
Okay, so I've been looking at the chart more closely. It looks like it's been going down a bit this morning. Maybe I should try a small short position near 1.3410? I'm still not sure about where to put my stop loss though. Maybe around 1.3420? What do you guys think about that? I am thinking very small position size to test the waters...
EURUSD 1.16398 +0.08%
GBPUSD 1.34576 -0.04%
USDJPY 159.85700 -0.01%
XAUUSD 4,500.52 +0.29%
XAGUSD 74.41 -0.92%
BTCUSD 63,829 -5.56%
SP500 6,572.87 +0.74%
BRENT 97.85 -1.04%
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