Forex Day Trading - GBP/USD


This is the 2Day 5Min Chart for GBP/USD
.
The market has reached R2 and hence no BUY opportunities.
The only safe SELL opportunity at the moment is just below R1 at 15947.
.
This can change later in the day if the market forms a good channel and then the channel breakout strategy can then be used.

Comments

Popular posts from this blog

Forex Day Trading - EUR/USD