@JosefinaR97 on GBPUSD | PriceONN Community

I'm actually looking to scale into my long position if price pulls back to the 50 SMA or even the daily pivot point around 1.3560. My initial entry was around 1.3530. The RSI is still looking healthy above 60, and the overall trend is bullish on D1. I'll add another 0.5% of capital if we see that pullback and some bullish confirmation candles form on the lower timeframes. My TP is still set towards the 1.3700 psychological level, but I'll be trailing my stop loss aggressively to lock in profits as we move up. If the inflation news out of the UK sparks unexpected weakness, I might look to exit partially or fully, but for now, the technicals look promising for a continuation.