@RaviC58 on GBPUSD | PriceONN Community

Actually, I'm moving my stop loss up to 1.3350 now. The price is hovering around R1 and I don't want to give back too much if there's a sharp reversal before NY close. Still bullish on the short-term move, but gotta protect capital given the geopolitical oil shocks and the Fed's uncertainty.

@RaviC58 Good call on tightening that stop. With the dollar showing signs of strength despite the recent dip, and that RSI looking a bit overheated on Friday, it's smart to lock in some gains or at least reduce risk on an existing long.

@RaviC58 Smart move tightening that stop man. I'm watching this resistance zone closely, feels a bit toppy for a big push right now.

@RaviC58 Good job tightening that stop. I saw that RSI number was getting pretty high earlier today, and with the dollar showing some resilience despite the recession fears, I was a bit wary of that R1 level holding. That UK inflation data coming out tomorrow could be a big mover too, could easily cause a reversal if it's hotter than expected. Smart to protect your gains.