GBP/USD - Forex Day Trading



This is the 2Day 5Min Chart for GBP/USD

The market is currently trending sideways.

A pending Buy order has been placed just above the high of the sideways trend at 14610 and a pending Sell order just below the Pivot point at 14510.

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This is the 2Day 5Min Chart for EUR/USD The pending BUY order just above R1 at 14017 was taken at 9.20am with a Stop loss of 20points and Profit limit of 60points in place. The Stop loss has now been moved to 14012, just below the most recent low point in the market.
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