@thomas8788 on GBPUSD | PriceONN Community

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thomas8788
thomas8788 PRO newbie
GBPUSD Mar 6
Right, I'm still holding that GBPUSD long I opened earlier. NGL, watching it hover around 1.3390 is making me sweat a bit! 😂 I've tightened my stop loss just below the 50 SMA around 1.3350, just in case things go south. Hoping for a breakout past 1.34 soon!
GBPUSD

Replies (2)

thomas8788
thomas8788 PRO newbie Mar 6
Another update: Okay, things are getting interesting. GBPUSD just poked above 1.34! I'm going to hold tight and see if it can maintain this momentum. I'm starting to think that 200 SMA might be my ultimate TP target around 1.3420. If it hits that, I'm taking profits and running! This pair is volatile, though, so I'm ready to bail if I see any signs of a reversal. Risk management, folks, risk management! It's all about surviving to trade another day, right?
thomas8788
thomas8788 PRO newbie Mar 6
Update: Still holding the long. Volume seems to be picking up a bit now. Anyone else seeing that? Thinking about moving my TP up to 1.3410 if it can break through this resistance at 1.34. Gotta keep an eye on that RSI too. Almost overbought!
EURUSD 1.16275 +0.27%
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