@bmartinez689 on GBPUSD | PriceONN Community

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bmartinez689 PRO newbie
GBPUSD Feb 26
GBPUSD is kinda stuck, isn't it? Hovering around those SMAs... Looks like everyone's waiting for something to happen. Might be a good time to scalp a bit, but def wouldn't hold anything too long overnight!
GBPUSD

Replies (2)

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bmartinez689 PRO newbie Feb 26
Okay, so update: I'm watching the RSI closely. If it breaks above 60, I'm going long, for real. Thinking of setting a TP around 1.3580 initially, then maybe adjusting it higher if the momentum keeps up. SL around 1.3490 seems reasonable to me, giving it a little room to breathe. This neutral trend can't last forever, right?! I'm hoping to catch a nice little wave up. Fingers crossed! Let me know if you guys are seeing something different!
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laurenperez27 PRO newbie Feb 27
@bmartinez689 Yeah, GBPUSD is totally stuck in a rut lol. Scalping sounds like the play tbh. I wouldn't trust it to hold any direction for more than like, 15 mins. SMAs are all tangled up like my headphones in my bag. Maybe wait for a clear breakout before committing to anything major. I'm thinking it's gonna be choppy AF until some real news drops. tbh, I'm tempted to just go long on coffee instead of this nonsense, haha.
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