@RaviC58 on GBPUSD | PriceONN Community
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A word of caution to fellow traders, especially with GBPUSD exhibiting this bearish pressure. Always factor in the overnight risk, particularly with the Asian session approaching. Liquidity thins out, spreads widen, and unexpected news can trigger significant volatility. Consider reducing your position size or tightening your stop-loss orders to mitigate potential losses. Also, be mindful of correlated pairs – any sudden moves in EURUSD can indirectly impact GBPUSD. Better safe than sorry, especially when the market is winding down for the night. Plan your trades, trade your plan.