GBP/USD: British Sandwich is served for 120+ pips!
Sometimes the market isn't really moving up or down, it just goes sideways with relatively small oscillations. If we draw 2 parallel lines for support and resistance, it would resemble a beautiful British breakfast sandwich. So how do we feast on this delicious meal? For us, personally, this type of trades aren't really worth entering; however, there are a lot of intra-day traders who would appreciate this 120+ pips opportunity. Entering at the top of the range would this chance!
