@scoutBabatunde on GBPUSD | PriceONN Community

Friends, let us be careful here. While the recent price action in GBPUSD appears bullish, with the pair making higher highs, it could very well be a bull trap in the making. Consider the broader macroeconomic environment; the uncertainty surrounding Brexit negotiations and the potential for further delays could easily dampen investor sentiment. A sharp reversal could occur if the market perceives that the current rally is unsustainable. Manage your risk accordingly, and do not get caught on the wrong side of the trade. Always have a stop loss in place, preferably below a key support level, such as 1.3400, to protect your capital. This is a marathon, not a sprint.