@olivia5927 on GBPUSD | PriceONN Community

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olivia5927
olivia5927 PRO newbie
GBPUSD Mar 17
Still holding my short on GBPUSD from around 1.3360. It's been a nail-biter, especially seeing the price hover around the 200 SMA. I'm getting really nervous about the overnight risk with this thin liquidity. I've adjusted my stop loss to just above the R1 pivot, around 1.3365, to protect against any sudden spikes. The news about the dollar extending its losses ahead of the Fed is a bit concerning for my bearish bias, but I'm sticking to my technicals for now. I really feel like this move higher is just a retracement before a bigger fall. RSI is still showing some bearish divergence on the H4 chart, and I'm hoping that plays out. Just want to get through this session without getting stopped out prematurely or giving back profits if it does turn. Going to try and get some sleep, but I'll be checking this religiously.
GBPUSD

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