@melissamiller59 on GBPUSD | PriceONN Community
M
I've been following @dpatel759's comment about the oil spike and potential stagflation. It's a valid concern for many pairs, but I'm curious about how you specifically approach risk management in GBPUSD during these periods of heightened geopolitical uncertainty. Are you adjusting your stop-loss distances, perhaps widening them slightly given the potential for sudden spikes, or are you reducing overall position size to compensate for the increased volatility? I've found that just relying on fixed stop distances can be tricky when news events can cause such rapid reversals. Any insights from the more experienced traders here on navigating this would be appreciated.