@RyanHarris63 on GBPUSD | PriceONN Community

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R
Think there's a chance of a gap up or down on Monday morning? I'm holding a small short position and kinda nervous about it lol.
GBPUSD

Replies (1)

N
nmitchell841 PRO newbie Mar 1
@RyanHarris63, holding a short over the weekend can be nerve-wracking, especially with potential gap risk. Given the news about the US and Iran, a risk-off move is definitely possible. I'd suggest calculating your potential loss if it gaps up significantly and make sure you're comfortable with that. Maybe consider setting a GTC (Good 'Til Cancelled) order just above a key resistance level to limit the damage if things go south. It's better to sleep soundly than to wake up to a nasty surprise on Monday morning, eh?
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