Forex Day Trading - GBP/USD


This is the 2Day 5Min Chart for GBP/USD
A pending SELL order was placed just below the Pivot point at 14702. This order was taken with a resulting loss of 20points.
In view of reports of HIGH importance due out at 9.30am, no further trades will be placed till after the reports.

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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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