by Edward Tho | Jun 14, 2024 | Forex Basics
How do GBP/USD Volumes Vary in Global Trading Sessions? Ola traders! Curious about how GBP/USD volumes vary in global trading sessions? Timing your trades can make a huge difference. So, let’s break down how this major forex pair’s trading volumes fluctuate...
by Edward Tho | Jun 12, 2024 | Forex Basics
GBP/USD Fluctuations: The Role of Bank of England (BOE) GBP/USD fluctuations are caused by the Bank of England’s (BOE) actions. The British pound (GBP), and the US Dollar (USD) are actively traded against each other daily. So it can produce a whirlwind of...
by Edward Tho | Jun 12, 2024 | Forex Basics
The Relationship Between GBP/USD & US Monetary Policy Ever wondered why your scones seem a little pricier lately? The answer might lie in the decisions made by the US Federal Reserve (Fed). Like it or not, the relationship between GBP & US monetary policy can...
by Edward Tho | Jun 11, 2024 | Forex Basics
GBP/USD and Brexit: New Normal in Currency Trading GBP/USD and Brexit have entered a new normal in currency trading. This change reflects itself in market volatility and uncertainty. It’s because since the UK decided to leave the European Union, currency...
by Edward Tho | Jun 11, 2024 | Forex Basics
Comparative Analysis: GBP/USD vs Other Major Currency Pairs Welcome, forex traders, new or seasoned. Today, we’ll conduct a comparative analysis for GBP/USD. We’ll stack it against EUR/USD and USD/JPY to understand their unique characteristics. Let’s walk...
by Edward Tho | May 31, 2024 | Forex Basics
Major Forex Trading Order Types for Beginners We’ve arrived at one crucial area in forex: forex trading order types. It simply means the instructions you give your broker to enter or exit a trade. Knowing how to place orders effectively is vital for executing your...
