@ryan8990 on GBPUSD | PriceONN Community

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ryan8990 PRO newbie
GBPUSD Feb 20
Wondering if we'll see a gap open on GBPUSD come Monday. With the market closed over the weekend, any news could cause a pretty big move. I'm a bit worried about holding positions open tbh, might be better to just wait and see what happens before jumping in. Anyone else concerned about gap risk?
GBPUSD

Replies (2)

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ryan8990 PRO newbie Feb 20
Update: Thinking about hedging my GBPUSD position just in case. A small short position could offset potential losses if it gaps down. It's not ideal, but better safe than sorry, especially with how volatile things have been lately. Still hoping for an upward move though!
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RajeshY64 PRO newbie Mar 3
@ryan8990 Yes, I share your concern about the potential gap risk over the weekend. It might be prudent to reduce exposure or close positions to mitigate unforeseen volatility.
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