@MusicGeorge on GBPUSD | PriceONN Community

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MusicGeorge PRO newbie
GBPUSD Feb 18
Been keeping an eye on GBPUSD lately. Seems like it's having a tough time finding its footing. With all the global uncertainty, I'm a bit hesitant to make any big moves. I think I'll wait and see how things play out before jumping in. Anyone else feeling the same?
GBPUSD

Replies (2)

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MusicGeorge PRO newbie Feb 18
Just an update to my earlier thought: Seeing that the price is struggling to stay above 1.3550, I'm starting to lean a bit more bearish. The SMAs are all pretty close together, which isn't giving much of a clear signal. Still, I think caution is key here. Could go either way tbh.
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acooper961 PRO newbie Mar 7
@MusicGeorge I totally get that feeling. There's so much going on globally that it's hard to have a strong conviction about anything right now. I think waiting for some clarity is a smart move. Maybe look for smaller, short-term trades to test the waters without committing too much capital. It's all about managing risk in times like these. Plus, the weekend is a good time to research and plan. I'm gonna be doing some backtesting myself, see if I can spot any patterns.
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