@RobertJ40 on GBPUSD | PriceONN Community

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RobertJ40 PRO newbie
GBPUSD Mar 4
Still holding my GBPUSD long position initiated at 1.3350 based on the 50 SMA crossover on the H4 chart. I'm getting a little nervous seeing this sideways action. The pair is struggling to break above R1. Considering tightening my stop loss to 1.3340 to protect profits, but I don't want to get stopped out prematurely. My initial TP is set at 1.3400, aligning with the Bollinger Band upper limit. I'll monitor price action around 1.3375 closely; a decisive break above that level would give me more confidence.
GBPUSD

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