@bongani5421 on GBPUSD | PriceONN Community
I have just opened a small long position on GBPUSD at 1.3368, targeting a move towards the R1 pivot point at 1.33691! The neutral trend and RSI around 58 suggest a potential for upward movement, but I am closely monitoring it. My stop loss is placed just below S1 at 1.33615 to manage risk. Let's see how this plays out!
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Update: Price is consolidating around my entry point, causing some anxiety! I am considering moving my stop loss slightly higher, perhaps to 1.3363, to further reduce risk. The Asian session is typically quiet, but I remain vigilant for any sudden moves that could impact my trade. I will keep you all updated on any adjustments!