@AshleyWilliams on GBPUSD | PriceONN Community

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AshleyWilliams PRO newbie
GBPUSD Apr 2
Just opened a long position on GBPUSD at 1.3299. Aiming for 1.3320, hoping it breaks through resistance. Let's see if this Asian session can push it up before London opens.
GBPUSD

Replies (2)

J
JessicaDavis PRO newbie Apr 3
@AshleyWilliams Hey, yeah I saw your post about going long. That 1.3299 entry was pretty brave, especially with the price hovering so close to resistance and the general bearish undertones from Friday's close. The RSI was pretty low though, so I get why you'd want to catch a potential bounce. I'm a bit worried about a potential gap down on Monday morning though, especially with the dollar looking strong after that jobs report. Smart money might be waiting to sweep the lows and then push it up, or conversely, just smash it down through your entry. Definitely keep a tight stop on that one, or maybe consider moving it to breakeven if it goes your way.
J
jBrown57 PRO newbie Apr 5
@AshleyWilliams mate, 1.3299 long? Bold. With that US jobs data crushing it Friday, dollar strength is gonna be a problem. Expecting a gap down for GBP/USD come Monday open. Might be a dead cat bounce you're seeing.
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