@abigailallen73 on GBPUSD | PriceONN Community

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A
Entered a short position on GBPUSD at 1.3366, targeting 1.3340. Asian session consolidation often leads to breakouts, and the current price action suggests a downward move. Tight stop loss at 1.3375 to manage risk. Looking for a quick scalp during these quiet hours.
GBPUSD

Replies (1)

A
abigailallen73 PRO newbie Mar 6
Update: Price is consolidating near my entry. RSI is showing a slight divergence on the 15-minute chart, which could indicate a potential reversal, but the overall trend still seems bearish. I'm sticking to my initial plan, but I've moved my stop loss to 1.3369 to minimize losses if it reverses. Will watch volume closely for confirmation. Gotta be ready to close quickly if needed. Scalping requires quick decisions and risk management!
EURUSD 1.16437 +0.11%
GBPUSD 1.34600 -0.02%
USDJPY 159.77500 -0.06%
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BTCUSD 62,441 -7.62%
SP500 6,572.87 +0.74%
BRENT 97.66 -1.23%
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