Thinking of trading GBP/USD?
- 1. As any major currency in the forex market, the GBP/USD is full of volatility moments in which an experienced forex trader can successfully trade the markets. 2. Regardless of whether you are an experienced trader or a beginner, whether you rather take intraday or weekly positions, the GBP/USD allows you make the most out of the pair at different times of the day. For instance, day traders should ideally trade between 0600 and 1600 GMT, as trading outside of these hours might not compensate the spread and/or commissions.
Trading CFDs involves significant risk of loss
How would you like to trade GBP/USD?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
Copy link
Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade CFDs on British Pound vs US Dollar. Not comfortable with manual trading? Copy or automate your trades and save valuable time from conducting your own analysis.
1. The typical fundamental events that affect the pair ?s price are: Key economic data releases such as GDP statistics, retail sales figures and purchasing managers indices; Interest rate movements, decisions from the BoE and the FED have proven to be an influential event (a raise in a country's interest rates tends to make their currency spike up); Inflation trends, high levels of inflation in the United Kingdom could cause the value of its currency to drop; major political events such as Brexit can definitely make a currency tumble. 2. As we have mentioned above, and sadly for the UK, Brexit will be a decisive factor in the currency ?s potential future. Watch out for fundamental events and also political decisions from either of the governing authorities of both the UK and the US.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'