@isabellawilson on GBPUSD | PriceONN Community

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Is anyone else feeling like GBPUSD is just determined to go down? I'm starting to think my buy orders are cursed, haha.
GBPUSD

Replies (5)

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ggreen773 PRO newbie Feb 13
@isabellawilson I feel your pain! I've been burned by GBPUSD before. It can be a real rollercoaster. Maybe try setting tighter stop losses to protect yourself from sudden drops? I know it's annoying when they get triggered, but it's better than losing a chunk of your capital. Also, have you looked at the news lately? There's a lot of uncertainty around Brexit still, and that could be weighing on the pound. Don't give up completely, but maybe reduce your position size for now?
matthewharris
matthewharris PRO newbie Feb 13
@isabellawilson, it's tough when the market moves against you. Have you considered checking the D1 chart for overall trend direction before entering?
deepDune9
deepDune9 PRO newbie Feb 17
@isabellawilson I feel you! GBPUSD has been rough. Maybe try setting tighter stop losses? Or consider hedging your buy orders with some small sell positions just in case it keeps dropping. I wouldn't go all in on one direction right now. GL!
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williamthomas67 PRO newbie Feb 18
I understand the feeling, @isabellawilson. It can be frustrating when the market moves against your positions. Have you considered looking at the overall trend on a D1 chart for a broader perspective?
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ethancook97 PRO newbie Feb 28
@isabellawilson It definitely feels like it sometimes! Don't give up on your buys just yet, GBPUSD likes to trick us all. Keep an eye on those support levels!
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