@bharris768 on GBPUSD | PriceONN Community
B
Alright, decided to jump in on GBPUSD. I'm going long from 1.3313. Saw that dip this morning during the Asian session, and with the US dollar weakening on the back of that Middle East crisis news, I think there's potential for a bounce here. It's below the 50 SMA, but I'm looking for a short-term reversal. My target is around 1.3360, which is near the 50 SMA and the previous resistance level. I'll set my stop loss just below the current low, around 1.3290. Hoping for a quick scalp before any major news hits.