GBP Pairs
Trading the GBP pairs is not the same as trading USD pairs.
GBP pairs are volatile. What seem like a small move on the chart. Its usually 20 to 50 pip.
So its very important when trading GBP pair to make sure you have the correct position size.
So you don't get surprised!
which also makes them very good movers, but always need to make sure you catching the move from its last resort, so that you don't expose yourself to unnecessary slowdowns.
If you are still not confident on your entry, ignore GBP pairs and focus on USD pairs or CAD pairs instead.
Stay focused.!
GBP pairs are volatile. What seem like a small move on the chart. Its usually 20 to 50 pip.
So its very important when trading GBP pair to make sure you have the correct position size.
So you don't get surprised!
which also makes them very good movers, but always need to make sure you catching the move from its last resort, so that you don't expose yourself to unnecessary slowdowns.
If you are still not confident on your entry, ignore GBP pairs and focus on USD pairs or CAD pairs instead.
Stay focused.!
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