@ldnFinn on GBPUSD | PriceONN Community

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ldnFinn PRO newbie
GBPUSD Mar 7
As I am currently holding a long position on GBPUSD, I'm contemplating my strategy for the weekend. The price closed near R2 pivot, which is encouraging, but the 200-day SMA looms above as potential resistance. I'm considering tightening my stop-loss to protect profits in case of an unexpected reversal. A small pullback early next week wouldn't surprise me, so I'll be prepared to defend my position. Perhaps a partial take profit order might be wise to reduce risk over the weekend. It's always prudent to manage exposure, especially with potential weekend news flow. I'll review my plan on Sunday evening.
GBPUSD

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