Before and after charts. GBP/USD 5M currencies. Prior to breaking down out of the box and later at 8 AM. One more swing up and it broke down like a rock around 12:30 AM. Down 100 pips now and boxing in again at 1:30.
I had a hard time waking up for this one and only caught 35 pips. I really hate to enter a trade late. I was lucky on this trade. At this time the GBP/USD is really moving a lot nicer than the EUR/USD. One more thing I notice is the the GBP/USD often moves before big news here it was again the big move was before the big news at 1:30. Makes you think that many big shots in England may have an early tipoff! Use this information to make money on the pair in the future.
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