@mthompson570 on GBPUSD | PriceONN Community

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mthompson570
mthompson570 PRO newbie
GBPUSD Mar 6
I'm currently holding a small long position on GBPUSD that I opened earlier this week. 😬 I'm getting a little nervous seeing it hover around this 1.337 level, especially during these quiet hours. I think I'll adjust my stop loss to 1.335 just in case it decides to dip further. Hoping for a positive move soon! 🙏
GBPUSD

Replies (1)

mthompson570
mthompson570 PRO newbie Mar 6
Update: So, I decided to move my stop loss even tighter, now at 1.336. I know it might seem a little too close, but I'm trying to protect my capital. I'm still bullish on GBPUSD long-term, but I'm also aware that these little dips can trigger my stop loss and then bounce right back up. 😩 I'm mainly looking at the H4 chart, and it seems like there's a bit of consolidation happening. If it breaks above 1.3375, I might consider adding to my position. Thoughts? 🤔
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