Forex Day Trading - GBP/USD


This is the 2Day 5Min Chart for GBP/USD
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There are 2 reports of HIGH importance due out today, the euro-zone CPI at 10am and the USD Consumer Confidence at 3pm.
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The market is currently trending sideways. A pending Buy order has been placed just above the Pivot point at 15576. A pending Sell order has been placed just below S1 at 15500.

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