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FX Strategy – Trading The British Pound

FX Strategy – Trading The British Pound

The British Pound Sterling is the fourth most popular traded currency, and the third most commonly held reserve currency. GBP/USD is able to provide a trader with a considerable amount of pips with one simple move if compared to other majors such as USD/JPY, USD/CHF, or EUR/USD. This feature makes the pair suitable for breakout trading, however, one needs to be aware of the risks associated with this type of trading. It also requires a trader to place his/her stop-losses at a greater distance. In this webinar, we will be exploring the various strategies & trade setups that specifically fit trading GBP crosses, whether for short, medium, or long term traders and of all levels.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 36.36% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.

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