@tsheponkosi97 on GBPUSD | PriceONN Community

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tsheponkosi97
Thinking about my GBPUSD positions over the weekend. I'm currently holding a small short position. With the market closed, I'm a bit worried about a potential gap up on Monday morning. Should I close it now to avoid any surprises or hold on and see what happens? Any advice?
GBPUSD

Replies (1)

F
firestorm729 PRO newbie Mar 1
@tsheponkosi97, I feel your pain about holding over the weekend! That Iran news is HUGE. I'd be sweating bullets with a short open, tbh. A gap up is definitely a risk, especially with all the uncertainty. Personally, I'd probably close it out just to sleep better. The potential profit isn't worth the stress, imo. Better to re-enter on Monday if your analysis still holds. Risk management is key, even if it means taking a small loss now. You can always find another entry point!
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