Best Time To Trade Gbpusd
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Best Time To Trade Gbpusd
The best time to trade GBPUSD pair Cable is when both London and New York markets are active. The chart above illustrates the ideal times to trade the GBPUSD. It is therefore a nice pair to trade for a novice trader.
So the best time to trade GBPUSD is 8 AM to 12 PM EST. The ideal time for trading the GBP USD currency pair is when both the London session and New York session overlap. This currency pair is the most volatile during this time period.
This allows traders to respond to price volatility quickly by entering and exiting trades within seconds while keeping their trading fees low.
Best Time of Day to Day Trade Forex EURUSD GBPUSD and USDCHF. What is the Ideal Time to Day Trade. With this pair you can often also use a tight stop loss and. These are all European currencies traded relative to USD and therefore are most active at similar times.
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