Tag: gbp/usd

If you want to trade GBPUSD then you should keep the risk as low as possible. GBPUSD is always on a rollercoaster. In a moment it can change direction go up 100 pips, hit your stop loss and then reverse direction again and fall 300 pips again. So always be careful when you are trading… Continue reading GBPUSD FOMC Meeting Sell Trade SL 10 pips TP 300 Pips

Currency Traders are keeping their calm amidst the confusing signals being given by the BOE dissenters. Through it all, volatility in the pound rose the least among the Group of 10 currencies in the past month, while sterling has fallen for seven straight weeks. That shows traders see little chance of a change in policy… Continue reading GBP/USD Falls More Than 700 Pips And Needs To Weaken More