Is it a good time to buy GBP with USD?

06:00 to 16:00 is an acceptable time to day trade the GBP/USD . There is an adequate movement to potentially extract a profit and cover spread and commission costs. If you are able to, though, day trade the GBP/USD only between 08:00 and 10:00, and/or 12:00 and 15:00 GMT. This will maximize efficiency.

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