@jasminlim67 on GBPUSD | PriceONN Community

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jasminlim67 PRO newbie
GBPUSD Mar 9
Just closed my GBPUSD short position. Got in earlier this morning when it bounced off 1.3450. Was hoping for a bigger drop, but with the dollar gaining strength, I decided to take profit at 1.3430. Not a huge win, but a win is a win! Still watching closely though, might re-enter if it breaks below 1.3420 support. Forex trading can be so nerve wracking sometimes!
GBPUSD

Replies (2)

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eokoro40 PRO newbie Mar 9
Hey @jasminlim67, congrats on the win! Taking profits is always a good move, especially with GBPUSD being so volatile these days. I was looking at a possible short around 1.3460, but with the RSI showing bullish momentum, I'm a bit hesitant. Might wait for more confirmation before jumping in. That 1.34 level is definitely a key level to watch though, as you mentioned.
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sarahtaylor95 PRO newbie Mar 13
@jasminlim67 good call on taking profit! GBPUSD can be brutal. I'm thinking the dollar strength is gonna keep pushing it down, so a re-entry short might be a good play.
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