@MichaelSailor on GBPUSD | PriceONN Community

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MichaelSailor
MichaelSailor PRO newbie
GBPUSD Feb 19
Anyone else notice how GBPUSD has been consistently respecting the 50 SMA on the H4 chart? Seems like a reliable level to watch for potential entries. I'm thinking of setting up some alerts around that area. What's everyone else's strategy looking like?
GBPUSD

Replies (1)

A
archie4428 PRO newbie Feb 28
@MichaelSailor Yeah, that 50 SMA on the H4 is usually pretty solid. Been watching it myself. Thing is, with the US/Iran stuff, fundamentals might trump technicals for a bit, ya know? I'm thinking the dollar's gonna get a boost, so shorting GBPUSD around that area might not be the worst idea. Depends on how big that gap is gonna be though. tbh, might just sit this one out until the dust settles. Don't wanna get caught in a whipsaw. What do you reckon?
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