@fraza132 on GBPUSD | PriceONN Community
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Alright, so based on what I'm seeing, GBPUSD is kinda stuck between the 20 and 50 SMAs. It's basically going sideways at 1.36441. I'm thinking of setting a buy order near the 1.3630 level, targeting 1.3660 with a tight stop loss. What do you guys think?
Replies
@fraza132 Fatima, just be extra cautious with that tight stop loss. With GBPUSD, it can easily get triggered by some unexpected volatility, especially around news events. Good luck with your trade!