Cable is chopping around at 1.3237 and honestly, I am staying on the sidelines

[ProfitPulse]

Hey everyone, been watching GBP/USD stall out near 1.3237 after that sharp drop we saw last week. Ngl, markets like this are absolute chop-fests designed to trap breakout traders and squeeze late shorts. On one hand you have the greenback flexing with yields climbing on sticky inflation fears, and on the other hand, the BoE is keeping everyone guessing on rate hikes. Personally, I learned the hard way a few years back during similar mixed macro conditions that forcing trades in a consolidation range is just donating money to the spread. My rule of thumb now is to drop the leverage way down or simply wait for a clean retest of support before risking any capital. Don't let FOMO make you over-lever into a choppy range where both bulls and bears just get chewed up.

Are you guys trying to scalp these tight cable ranges right now, or are you sitting on your hands waiting for a proper breakout?