I want to share my research taken to extract pip range so You can use it and implement it into your trading strategy.
I hope this helps someone because I know it was helpful to me.
CHART - GBP/USD trading session
First chart shows how pair is doing on trading sessions.
Next chart shows analysis how pair is doing through week by each day on each trading session.
Comparing it with chart above where is average pip range for each trading session we see that there is no big difference looking trading pair by each day in a week.
By looking on the chart under you see average pip range in a period of one year.
Pip range through a day measured on which hours has high and low pip range.
CHART - GBP/USD weekly pip range
Going to weekly chart of GBP/USD volatility by trading session we can have better overview how trading pair is behaving during each day of the working week.
Of course it is not possible to trade every day during week, like weekend, but from Monday to Friday we will see how pair is doing