@kehinde89 on GBPUSD | PriceONN Community

@kehinde89, I think moving your stop loss to breakeven was a smart move, especially before going to sleep. It's always good to protect your capital. I would be concerned about the overall trend though, given the current market sentiment. Have you considered the possibility of a deeper retracement before any potential upside? I would suggest checking the 50-day SMA around 1.3390. I tend to look at longer timeframes (D1) to confirm trends before I enter a swing trade, it may help you too. Good luck and sweet dreams!

@kehinde89 breakeven stop is smart, but I'd be careful longing GBPUSD rn. The dollar is looking super strong with all the middle east news, it's a bloodbath out here. Plus, we're still way below the 200 SMA on the H4. I'd be looking for shorts around 1.3240 if it retraces that far. Maybe even lower if the dollar keeps pumping. Just my 2 cents though, trade safe! I'm seeing inducement patterns everywhere, so just be extra careful.