@sunitabose16 on GBPUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
S
sunitabose16 PRO newbie
GBPUSD Mar 2
Just got stopped out on my GBPUSD short from yesterday at 1.3450. Was hoping for a deeper pullback, but the bullish momentum seems too strong. Lost about 0.7% on that one. Time to re-evaluate the charts and see if a long position makes more sense now. Need to adjust my strategy a bit.
GBPUSD

Replies (1)

M
mjackson517 PRO newbie Mar 6
@sunitabose16 Sorry to hear about your SL getting hit. I agree that the recent price action has been choppy. However, I'm not entirely convinced about a long position just yet. The 200-period SMA on the daily chart is still acting as a significant resistance level around 1.3428. A sustained break above that would definitely warrant a bullish outlook, but until then, I'm cautious. Perhaps waiting for a retest of the broken resistance as support would be a safer entry point. Risk management is paramount in this environment.
EURUSD 1.16094 -0.18%
GBPUSD 1.34262 -0.27%
USDJPY 159.88250 +0.00%
XAUUSD 4,467.45 -0.45%
XAGUSD 73.16 -2.58%
BTCUSD 64,160 -5.07%
SP500 6,572.87 +0.74%
BRENT 99.96 +1.09%
0:00 0:00