The British Pound 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
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Best Time to Trade: 08.00 GMT and 15.00 GMT
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Best Months to go Long: APRIL | JUNE
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Best Months to go Short: MAY
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Correlation: EURUSD
■ GBPUSD STATISTICS
Important statistics regarding GBPUSD.
Table: GBPUSD statistics for 13.5 years
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GBPUSD AVERAGE MONTHLY STATISTICS |
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(JANUARY 2000 - SEPTEMBER 2018) |
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MONTH |
MONTHLY RETURNS |
BULLS TIMES (↑) |
BEARS TIMES (↓) |
VOLATILITY |
MOMENTUM (ΔMP) |
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(1) JANUARY |
0.08% |
8 |
10 |
0.82% |
0.27% |
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(2) FEBRUARY |
-1.02% |
8 |
11 |
0.77% |
-0.30% |
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(3) MARCH |
-0.10% |
11 |
8 |
0.76% |
0.15% |
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(4) APRIL |
1.30% |
16 |
3 |
0.69% |
0.56% |
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(5) MAY |
-0.57% |
5 |
14 |
0.72% |
-0.33% |
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(6) JUNE |
0.42% |
12 |
7 |
0.80% |
0.56% |
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(7) JULY |
0.24% |
8 |
11 |
0.70% |
0.38% |
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(8) AUGUST |
-0.94% |
6 |
13 |
0.68% |
-0.62% |
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(9) SEPTEMBER |
0.39% |
11 |
8 |
0.75% |
-0.27% |
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(10) OCTOBER |
-0.37% |
9 |
9 |
0.79% |
-0.06% |
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(11) NOVEMBER |
-0.24% |
7 |
11 |
0.79% |
-0.31% |
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(12) DECEMBER |
0.05% |
7 |
11 |
0.73% |
0.08% |
Source: CurrenciesFx.com (G.P.)
■ GBPUSD TRADING
The GBPUSD basic trading conditions.
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GBPUSD TRADING |
ROBOFOREX |
LQDFX |
IC TRADING |
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MINIMUM TRADING SPREAD |
1.3 pip |
1.1 pip |
0.0 pip |
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TRADING COMMISSIONS |
NO |
NO |
$7.0 / ROUNDED LOT |
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PLATFORMS |
MT4 / MT5 / cTrader / R Stocks Trader |
MT4 |
MT4 / MT5 / cTrader |
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AUTOMATED TRADING |
YES |
YES |
YES | FIX/API |
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PAMM ACCOUNTS |
YES |
YES |
NO |
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TRADING LEVERAGE |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
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ORDER EXECUTION MODEL |
ECN |
STP |
CFDs |
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MINIMUM DEPOSIT & FUNDING OPTIONS |
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REGULATION |
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PROMOTIONS |
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■ The British Pound Sterling against the US Dollar (GBPUSD)
Researched and Edited by G. P. for CurrenciesFx.com (c)
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