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Forex Longer Timeframes on GBP Pairs - Pointless?

Discussion in 'Forex Forum' started by plymgary, Jul 19, 2018.

  1. plymgary

    plymgary Guest

    I've been thinking about this for a couple of days...

    With the volatility in the UK economy as a result of Brexit, isn't it a bit pointless using the longer time-frames for GBP pairs? By this, I mean the weekly and monthly charts. Surely what's happened before has little relevance now?

    Many of my orders are stopping out at B/E and was considering looking at either trades on the 1HR, or 4HR.

    What do you think?

    Source.
     

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