Forex Trading: The Best Time to Trading GBP/USD...

One of my favorite pair in the Forex trading is GBP/USD. This pair moves so volatile in the forex market.

This volatility mean more opportunity to making more profits. It's easy for GBP/USD moving around 15-25 pips, and even you've take the long or short position this could easily moving around that range.

But remember, like another business sometime forex markets especially this GBP/USD moving so steady and the trader doing the "wait and see" action along this time. It's makes me boring, wait and see the charts, whether this pair going to bullish or bearish.

If you want to trade in any pair currency that you used to, and confusing to determine the best time to trade in this pair, I suggest you to trade at the same time where this currency issued.

If you trade the GBP/USD, trade whenever the US & UK market open. There is more opportunity if the UK & US trader trading in the same period of time.

One thing that you have to consider is the economic calendar news. You have to remember if there is anytime that the Federal Reserve and the
Bank of England release the latest news about the Producer Price Index, Interest Rates, or another fundamental parameters. Some fundamental parameters produce the high impact to the forex markets,and another parameter makes the low impact.

I myself trading when the high impact fundamental parameters will be release. First, see the calendar and looking for the information when this fundamental news will be release. And, prepare yourself whether this markets going up or down. Depend on the markets sentiment, you could take the position according to your analysis.

This GBP/USD like another pair have the Prime Time that really makes you making the profit around 50-100 pips or making you lose your money in the same range.

The prime time and perfect time to makes 50-100 pips or more profit from the GBP/USD is in the end of every month especially in the end of the weekend (thursday & friday). At this time, the big player on this business makes the market moving so volatile. You have to be careful in every position that you take. Sometimes we couldn't predict the GBP/USD movement.

Do your best...