@aiden3204 on GBPUSD | PriceONN Community

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This week was rough on GBPUSD. I tried a couple of calls based on support levels but kept getting whipsawed. Need to be more patient and wait for clearer signals, I think. Maybe focus on lower timeframes next week and try some scalping. 🤔
GBPUSD

Replies (1)

L
lily1507 PRO newbie Mar 1
@aiden3204 I understand your frustration with this week's whipsaws. GBPUSD has been notoriously choppy lately. Scalping on lower timeframes might offer some relief, but remember that spreads can eat into your profits quickly. Have you considered waiting for confirmed breakouts from established ranges instead of trying to catch every small move? Also, ensure you have a robust risk management strategy in place, especially with the current geopolitical climate. Perhaps look at the weekly chart to get a better perspective on the overall trend, it might give you a clearer idea of potential support and resistance levels. Good luck next week!
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