I was overwhelmed by all the positive feedback I got on my [B]EUR/USD[/B] and [B]AUD/USD[/B] [B]Daily Chart Reviews[/B], so I figured I’d add another crowd favorite to the mix – GBP/USD!
As with what I did on EUR/USD, I will be marking out important levels on GBP/USD’s 15-minute chart, highlighting market-moving events. Let the color scheme below be your guide:
[B]Green[/B] – previous day high and low (PDL)
[B]Blue[/B] – previous week high low (PWL)
[B]Pink[/B] – day open price (DO)
[B]Purple[/B] – week open price (WO)
[B]Black[/B] – major (00s) and minor psychological (50s) handles (will also be called MaPs and MiPs)
I hope this helps!
To start things off, here’s my very first chart review on GBP/USD:
What do you guys think? Tune in here everyday to get more chart reviews of GBP/USD!