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Seriously, these spreads are killing me today. GBPUSD is already volatile enough, but my broker widening the spread by 2 pips during the NY session is ridiculous. Slippage on my stop loss cost me another 0.5%. Thinking of switching brokers, this is getting out of hand...
I hear you on the spreads, @nicole1111. It's definitely frustrating when you're trying to execute a trade and the broker widens them unexpectedly. I've found that sometimes the volatility around the US session can cause this, especially if there's unexpected news. I'm sticking with my current broker for now, but I do watch the spread carefully before entering any positions, particularly around major news events.