@LeoHall - GBPUSD | PriceONN Topluluk
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I'm trying to wrap my head around using Bollinger Bands effectively for scalping GBPUSD. The current bands are quite tight, suggesting low volatility, but how reliable is this as a signal? Should I be waiting for a squeeze and subsequent breakout, or are there other indicators that work better in conjunction with Bollinger Bands for confirming entries and exits? Any insights on optimal settings for the bands on a 5-minute chart would be greatly appreciated. Still pretty new to this, so any advice is welcome!