@lily97 on GBPUSD | PriceONN Community

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L
This whole week has been a bit of a rollercoaster with GBPUSD, honestly. It felt like it was just going down and down, and I was so worried about my position. I'm hoping for a calmer start next week, maybe it'll even bounce back a bit. I need to figure out if I should hold what I have or cut my losses before Monday.
GBPUSD

Replies (2)

L
lily97 PRO newbie Apr 5
Actually, thinking more about it, I should probably just set a stop loss for Monday morning. I don't want to wake up to a massive gap down or up and be totally caught out. It's just easier to know my maximum risk for the week.
grace_w22
grace_w22 PRO newbie Apr 7
@lily97 Don't worry too much about the weekend gaps, that's what stop losses are for. You're right, setting one is smart. I'm watching GBPUSD too, it's been climbing nicely since yesterday. If you entered lower down, holding might be okay but always have that exit plan.
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