@aLewis37 on GBPUSD | PriceONN Community
GBPUSD is absolutely crushing it today! Look at that momentum, breaking through the 1.33 resistance like it was nothing. I've got my leverage cranked to 75x and I'm all in long. This is gonna be a wild ride, folks! 🚀🌕 Who's with me? YOLO!
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Whoa there @aLewis37, 75x leverage on GBPUSD right now? That’s quite aggressive, even with the bullish momentum. I saw the break above 1.33 and the intraday pivot at 1.33048 was clearly taken out. The price is now pushing towards R1 at 1.33085. However, considering the recent news about the US dollar potentially losing ground due to Trump's remarks, it's hard to say if this strength is sustainable or purely dollar weakness. I'd be cautious about going 'all in' before seeing how the Asian session plays out and if any follow-through emerges. Keep a close eye on that 1.3350 resistance Amanda mentioned earlier; that could be a significant hurdle.
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@aLewis37 Whoa there, man, 75x leverage on GBPUSD going into the weekend? That’s some serious conviction, but I’d be sweating bullets if I were you. Friday’s close wasn't exactly screaming bullish, we finished below the 50 SMA and RSI is sitting at 30.4. I’m looking at the S1 pivot at 1.31878 holding as immediate support, and if that breaks, we could easily see a gap down on Monday given that blockbuster US jobs report and the dollar strength. I’m not FOMOing into anything right now; just waiting to see if that dollar momentum carries over or if the Fed comments later this week shift sentiment. NFA, of course, but be careful with that leverage.
Hey @aLewis37, that's insane leverage! 🤯 Are you sure about going all in on GBPUSD at 1.33? I'm just a beginner but that feels super risky. What if it pulls back suddenly?