@kimberly3935 on GBPUSD | PriceONN Community
Saw that 1.35 handle get rejected hard. My fault for even thinking about going long there on that euro inflation noise. Gotta remember that geopolitical stuff always means choppier price action and less reliable breakouts. Learned my lesson, no more chasing these early moves when the news is that screwy.
Replies
Yeah, the euro inflation spike is making things dicey. That news about Iran is also adding fuel to the fire, which is why I got out of my GBPUSD long near 1.3510. It's just not worth risking a huge chunk of margin when you don't know if a headline is going to send it south 300 pips. I'm eyeing a potential short if it breaks below that S1 pivot around 1.3473. RSI is sitting in oversold territory now, but that news-driven volatility can push it lower for a while. Might even look for a retest of that 1.3420 area if the momentum builds. Gotta respect the macro moves.