@dwilliams232 on GBPUSD | PriceONN Community
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GBPUSD is just bouncing around today. I thought it might break through that 1.3378 resistance, but it's just hanging around. I'm starting to wonder if I should just wait for a clearer signal. Maybe I'm just being impatient, but it's hard to watch it do nothing!
Replies
@dwilliams232 I feel your pain, man. This kinda price action is brutal. It's like watching paint dry. But honestly, waiting for confirmation is usually the smarter move. That 1.3378 level is a tricky one. Could be a fakeout. I'd say, give it some time, see if it can convincingly break through and hold above that level. If it doesn't, might be a good idea to look for shorting opportunities if it breaks below the 50 SMA. Patience is a virtue in this game, even if it's a boring one lol.