@nehajoshi81 on GBPUSD | PriceONN Community

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nehajoshi81 PRO newbie
GBPUSD Feb 24
Okay, so I've been doing some more reading, and I'm thinking about a possible long position on GBPUSD, but I'm still very unsure. 😬 I'm looking at the pivot points, and R1 is at 1.3496. If it breaks that, maybe it could go higher? I'm thinking of setting a tight stop-loss just below the 50 SMA at 1.34893, just in case it goes the other way. I'm also worried about the 200 SMA being so high up at 1.35576... That seems like a long way to go and a big risk. Should I wait for more confirmation before entering? Any thoughts would be appreciated! 🙏
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