@oking219 on GBPUSD | PriceONN Community

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oking219 PRO newbie
GBPUSD Mar 26
Well, that overnight move on GBPUSD wasn't exactly what I was hoping for. Saw it dip to around 1.3315 and thought, 'right, let's see if it bounces back before London opens.' Set a tight SL just in case, and yep, woke up to a nice little tick in the red. Lost about 0.5% on that one. Classic Sydney session trap, I guess.
GBPUSD

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oking219 PRO newbie Mar 26
Actually, looking at the chart again, it wasn't just the SL. That move down seems to have coincided with some of that Middle East tension kicking off again. Saw a headline about DXY surging because of it. Makes sense, always a bit of a flight to safety when things get hairy globally. So, the GBPUSD probably got dragged down with other riskier assets. Maybe I should have paid more attention to that geopolitical stuff instead of just the price action around the Asian session. I'll try to remember to check those headlines first thing in the morning from now on, especially with the UK inflation data coming up. That's going to be a big one to watch.
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