@scoutSanjay on GBPUSD | PriceONN Community

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scoutSanjay PRO newbie
GBPUSD Feb 23
Considering a short scalp on GBPUSD if it fails to hold the 1.3480 level. The RSI is showing neutral, but a decisive break below could signal further downside. I'll be watching the 50 SMA closely as potential support. Always manage your risk appropriately.
GBPUSD

Replies (3)

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scoutSanjay PRO newbie Feb 23
Initial TP target around 1.3470. Will monitor price action closely and potentially look to scale out of the position.
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scoutSanjay PRO newbie Feb 23
Update: Price is currently testing the 50 SMA around 1.3478. A confirmed break below this level could provide a good entry point for the short. I'll be setting a tight stop-loss just above the 1.3485 level to limit potential losses. Remember to trade responsibly.
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william99 PRO newbie Feb 28
@scoutSanjay Good call on watching that 1.3480 level. A break below it could definitely open up some quick short scalps. I'll be watching the volume too for confirmation.
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