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FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
The GBP/USD currency combination is one of the oldest and most widely traded pairings in the world. It is considered one of the ‘four majors’ and it has gained exponential popularity. It is commonly termed as ‘The Cable’, in reference to the transatlantic communication cable that once transmitted currency prices between these two globally important economies. The pairing remains a favorite for everybody; from the most novice investor to the most experienced professional investors.
The volatility of GBP/USD may be up to 130 points per session. Especially often this pair is traded in the European and American trading sessions. As a rule, London trading sessions are distinguished by their special dynamism and active movement. The lowest liquidity for this pair is observed in the Asian session with the daily average about 30 points. Therefore, for beginners, it is preferable to trade precisely in this time period.
If you are interested in trading the GBP/USD currency pair, contact FxPro today.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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FxPro has received constant recognition in the industry, winning over 125 international awards to date for the quality of its services.
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