@oliviadavies52 on GBPUSD | PriceONN Community
Right, so GBPUSD closed down on Friday, which isn't ideal if you were hoping for some upward momentum. I've got a small long position from around 1.3150, and I'm just gonna let it ride over the weekend. My SL is tight, so if it gaps down hard on Monday, I won't lose much. Just gotta trust the process, I guess.
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Actually, thinking about it, that Friday close might have been a bit of a trap. The price dropped but didn't really smash through any major levels. It feels like smart money might be accumulating positions lower down, preparing for a move higher next week. We'll see if that oil price surge messes with the dollar too much though.