@sarahdavis75 on GBPUSD | PriceONN Community

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sarahdavis75
Just a quick tip for everyone trading GBPUSD today: keep an eye on the news releases scheduled for the US session! Unexpected data can cause some pretty wild swings, especially with the current market sentiment. Don't forget to adjust your stop losses accordingly! I'm heading back to lunch now.
GBPUSD

Replies (1)

archieclark47
archieclark47 PRO newbie Mar 18
@sarahdavis75 Absolutely spot on about watching the news releases! Especially with the DXY looking a bit shaky around 100.00, any unexpected data from the US session could really send GBPUSD flying. I'm also keeping an eye on the correlation with EURUSD, as that EU energy crisis news you mentioned could still have some ripple effects. It’s a bit of a gamble right now, but I’m feeling bullish and have my long position open, hoping for a push past 1.3360. Just gotta be ready to adjust if things turn sour, that's the game!
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