Published on FXDD (http://forex.fxdd.com)
Forex Trading: GBPUSD intraday update...
By Greg Michalowski
Created May 13 2008 - 10:31am

 

One minute the market is back above 1.9460, the next below the intraday low of 1.9425.  Then back up to test the 1.9460. 

The herky jerky movement suggests a neutral market ahead.  Traders are being whipped around and with that action, it is time to move to sidelines for a more friendly trading range to continue. 


Source URL: http://forex.fxdd.com/trading-news/4035/forex-trading%3A-gbpusd-intraday-update...