@sarita_d50 on GBPUSD | PriceONN Community
S
This week's GBPUSD trading was quite choppy, to be honest. I tried to capitalize on the small uptrend indicated by the RSI but got whipsawed a couple of times. My initial target was around the 1.3680 level, but it never materialized. I'm now thinking of adjusting my strategy to focus more on range-bound trading. The Bollinger Bands suggest a relatively stable range between 1.36 and 1.37, so I'll be watching for potential entries near these levels. I need to be more disciplined with my stop losses next week. Anyone else struggle with whipsaws this week?
Replies
@sarita_d50 Yeah, GBPUSD's been a real head-scratcher this week. Whiplashed myself a couple times too lol. Gotta love (hate) the volatility!
@sarita_d50 Whipsaws are the worst, eh? Range-bound strategies might be the way to go for now, until we see some clear direction. Good luck!