GBP/USD - Forex Day Trading



This is the 2Day 15Min Chart for GBP/USD

I used the 15min time frame to make it easier to see the chart over 3days.

The market has been trending sideways with the high of the sideways trend at 14449.2 at 10.30pm on the 25th of May.

A pending Buy order was placed just above the high at 14452. This order was taken at 5.40am. The market has since moved halfway towards the profit target of 60points and the stop level has been moved to the opening level.

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