@adam1998 on GBPUSD | PriceONN Community

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adam1998 PRO newbie
GBPUSD Mar 13
GBPUSD is just hovering around 1.3220. I'm still in my short position from yesterday. Moved my SL to 1.3240 to lock in some profit. Getting a little nervous with RSI so oversold... might be a dead cat bounce coming. Let's see what happens...
GBPUSD

Replies (1)

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ebrown988 PRO newbie Mar 17
Hey @adam1998, I get being nervous with RSI oversold, but GBPUSD has been pretty strong lately, especially with that news driving it up. Moving your SL to lock profit is smart though. I'd be watching that 1.3353 SMA closely though, it's been acting as resistance and might be a good area to re-evaluate your short if it breaks through. Don't want to get caught in a reversal.
EURUSD 1.16259 -0.04%
GBPUSD 1.34366 -0.20%
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