@YogaElizabeth - GBPUSD | PriceONN Topluluk
Thinking about entering a short position on GBPUSD. The price is showing signs of rejection at the 1.3510 level, which is just above the 20 and 50 SMAs. I'll set my stop loss just above the R1 pivot at 1.3525. My target is the daily pivot point around 1.3497. I'm risking 0.75% of my capital on this trade, aiming for a conservative risk-reward ratio before the New York session really kicks in.