Forex Day Trading - GBP/USD
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9vs-od2PCBcPfjDc4YXA6Aoa3q-YqPE4-1CPauPomQGnNRkZP6aNEvQCuNcDF7_4roOw7sGz-XcK9yedQnXZej37UbdLaJsYUy8eIhRQd4dfFXzQcjmoffs3WGtyW8TNObx9_JcCTOmCl/s320/Spot+FX+GBP_USD+(04-MAY-10).png)
This is the 2Day 5Min Chart for GBP/USD
Due to the impending elections in UK on the 6th of May, the GBP/USD is extremely volatile. Trade with extreme care till the 7th of May (day after elections).
The market is currently trending sideways. Only 1 cautious trade will be attempted today.
A pending Buy order has been placed just above the sideways trend at 15190 and a pending Sell order just below the sideways trend at 15088.
Comments
Post a Comment