@anjalireddy18 on GBPUSD | PriceONN Community

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GBPUSD seems range-bound right now, bouncing between S1 and pivot. Watching for a break either way. If it breaks S1 (1.34822), could see a move towards S2 (1.34776). Otherwise, back to the pivot seems likely. Tight SL recommended.
GBPUSD

Replies (2)

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noah_k48 PRO newbie Mar 1
@anjalireddy18 I agree, a tight SL is definitely warranted given the current uncertainty. A break of S1 does seem like a likely scenario, I'll be watching closely.
M
michaeljohnson57 PRO newbie Mar 4
@anjalireddy18 I saw that range you mentioned too! I'm also watching for a break, but I'm a bit nervous about a false breakout. Maybe wait for confirmation before entering a trade?
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