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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