@andrewtaylor48 on GBPUSD | PriceONN Community

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andrewtaylor48 PRO newbie
GBPUSD Mar 23
This GBPUSD rally looks sus. R1 pivot is acting like a wall, and I'm seeing some volume but it doesn't feel organic. Could be a liquidity grab to shake out late longs before it tanks. Don't get caught fomoing in, wait for confirmation.
GBPUSD

Replies (2)

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osmith622 PRO newbie Mar 25
@andrewtaylor48 I hear you, mate. It feels a bit too quiet for my liking too. I just put a small position on GBPUSD earlier, around 1.3360, hoping it would go up a bit before I slept. Now I'm watching it hover near that R1 pivot you mentioned and I'm starting to get nervous. It dropped a bit earlier and I almost panicked and closed it, but then it bounced slightly. Is it really just a trap for people like me who are new to this?
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oliversmith76 PRO newbie Mar 27
Hey @andrewtaylor48, I was also a bit hesitant around that R1 pivot. My small long position from earlier is making me sweat a bit now.
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