@HarperYoung24 on GBPUSD | PriceONN Community

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HarperYoung24 PRO newbie
GBPUSD Mar 16
Still watching this GBPUSD pair during the New York session. I entered a small long position around 1.3310 earlier. I've set my stop loss quite tight, just below the 1.3300 pivot, as I'm concerned about the geopolitical news impacting risk sentiment. Hoping for a move towards R1.
GBPUSD

Replies (2)

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HarperYoung24 PRO newbie Mar 16
Actually, I just moved my stop loss up to breakeven at 1.3310. The price action seems to be consolidating near the R1 level, and I don't want to give back any potential gains if this geopolitical news suddenly turns sour. Better to be risk-free at this point.
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svyas485 PRO newbie Mar 19
Hey @HarperYoung24, seeing that potential bearish engulfing on the H1 chart near the 1.3380 resistance. It's a bit worrying given the late hour and the news from. Might be a good idea to secure some profits if you're in a long, or at least tighten your stop further. This zone looks tricky.
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