@limeiwong18 on GBPUSD | PriceONN Community

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limeiwong18
limeiwong18 PRO newbie
GBPUSD Mar 21
Reflecting on this past trading week, it was certainly a mixed bag. I managed to catch a small scalp on the GBPUSD around 1.3360 on Thursday, but then got stopped out on a retracement that didn't quite hold the support. Friday was just choppy sideways action, and I opted to stay out. The bigger concern is the overnight risk; with all the news about Iran and oil prices, I'm a bit anxious about what Monday's open might bring. I've adjusted my stop losses on my longer-term positions to breakeven, just to be safe. Hopefully, next week offers clearer opportunities without too much of a gap.
GBPUSD

Replies (2)

M
mthomas567 PRO newbie Mar 25
Hi @limeiwong18, it sounds like you had a rough Friday too. I agree, it's been super choppy and hard to get a clear read. I'm also worried about this current dip below 1.3370. The fact that the 20 and 50 SMAs are both above the price now is a bit worrying for bulls. I'm trying to stay patient but it's tough!
V
voltedge517 PRO newbie Mar 27
Hey @limeiwong18, I totally feel you on the choppy Friday! 😫 It's so hard to make sense of things when it's bouncing around like that. Hopefully, this coming week is clearer for us!
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