@nhassan656 on GBPUSD | PriceONN Community

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nhassan656 PRO newbie
GBPUSD Mar 3
Morning all! Just looking at GBPUSD chart now. Seems like it's consolidating around 1.34. I'm thinking of setting up a short scalp if it breaks below S2 (1.3393) but need to see more volume first. Anyone else watching this level?
GBPUSD

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nhassan656 PRO newbie Mar 3
Update: Okay, so it didn't break below S2 like I thought. Instead, it bounced back up a bit. Looking at the RSI, it's still pretty neutral, so no clear direction yet. I'm thinking this could be a good opportunity for a range-bound strategy? Maybe long near 1.3390 and short near 1.3410? Gotta be quick with the TP tho, maybe 10-15 pips max. Gonna watch the charts closely for the next hour and see if anything develops. Also, maybe check the news for any GBP related events that could shake things up.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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