Trading the GBPUSD Forex Pair

Submitted by currenciesfx on Fri, 04/15/2022 - 08:30
GBPUSD Trading

The British Sterling against the US Dollar (GBPUSD) is a very liquid Forex pair. The most active hours of GBP/USD are between 8:00 am (EST) and 12:00 noon (EST), as both the US and the European Markets are open for trading. GBPUSD accounts for about 11.4% of the Foreign Exchange market volume. 

GBPUSD TRADING

  • Best Time to Trade: 08.00 GMT and 15.00 GMT
  • Best Months to go Long:  APRIL | JUNE
  • Best Months to go Short:  MAY
  • Correlation: EURUSD

GBPUSD STATISTICS

Important statistics regarding GBPUSD.

Table: GBPUSD statistics for 13.5 years

GBPUSD AVERAGE MONTHLY STATISTICS
 (JANUARY 2000 - SEPTEMBER 2018)
MONTH MONTHLY RETURNS BULLS      TIMES (↑) BEARS    TIMES (↓) VOLATILITY MOMENTUM  (ΔMP)
 (1) JANUARY 0.08% 8 10 0.82% 0.27%
 (2) FEBRUARY -1.02% 8 11 0.77% -0.30%
 (3) MARCH -0.10% 11 8 0.76% 0.15%
 (4) APRIL 1.30% 16 3 0.69% 0.56%
 (5) MAY -0.57% 5 14 0.72% -0.33%
 (6) JUNE 0.42% 12 7 0.80% 0.56%
 (7) JULY 0.24% 8 11 0.70% 0.38%
 (8) AUGUST -0.94% 6 13 0.68% -0.62%
 (9) SEPTEMBER 0.39% 11 8 0.75% -0.27%
(10) OCTOBER -0.37% 9 9 0.79% -0.06%
(11) NOVEMBER -0.24% 7 11 0.79% -0.31%
(12) DECEMBER 0.05% 7 11 0.73% 0.08%

Source: CurrenciesFx.com (G.P.)

GBPUSD TRADING

Forex brokers and GBPUSD basic trading conditions.

GBPUSD TRADING ROBOFOREX LQDFX IC MARKETS
MINIMUM TRADING SPREAD 0.1 pip 1.1 pip 0.1 pip
TRADING COMMISSIONS $4.0 / ROUNDED LOT NO $7.0 / ROUNDED LOT
PLATFORMS MT4 / MT5 / cTrader / R Stocks Trader MT4 MT4 / MT5 / cTrader
AUTOMATED TRADING YES YES YES | FIX/API
PAMM ACCOUNTS YES YES YES
TRADING LEVERAGE 30:1 (EU) to 500:1 30:1 (EU) to 500:1 30:1
ORDER EXECUTION MODEL ECN STP ECN/STP
MINIMUM DEPOSIT & FUNDING OPTIONS
  • $10 for Cent Accounts & $5,000 for Prime Accounts
  • Wire, Cards, Neteller, Skrill, WebMoney, PerfectMoney
  • $20
  • Wire, Cards, Neteller, Skrill, FasaPay, UnionPay, UPaid
  • $200 FOR MT4/MT5
  • $1,000 for cTrader
  • Wire, Cards, Neteller, Skrill, WebMoney
REGULATION
  • IFSC
  • NO
  • ASIC (Australia)
PROMOTIONS
  • FREE VPS
  • TRADING CONTESTS
  • WELCOME BONUSES
  • 100% Cash Bonus (excluding PAMM)
  • Up to 20,000 USD
  • FREE VPS
WEB PAGE » ROBOFOREX » LQDFX » IC MARKETS

 

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 GBPUSD

Researched and Edited by G. P. for CurrenciesFx.com (c)