If you have been looking for ways to profit from the fluctuations in the exchange rates of the British Pound against the United States Dollar, then the GBP/USD is the Forex currency pair to trade. The exchange rate of the pair indicates how many US Dollars will buy one British Pound. Being a major currency pair, GBP/USD is one of the oldest and most widely traded currency pairs in the Forex market.
GBP/USD is the pair to trade if you are interested in medium to long-term market moves, making it one of the most conservative pairs. That is why it is especially popular with long-term forex traders who are looking for high-probability tradable opportunities.
However, the pair is also volatile enough for short-term forex traders. Over 30% of the trading volume in the forex market is routed through London. As a result, all GBP pairs, the GBP/USD inclusive, can move very fast. So, active, short-term traders can benefit from its trading, too.Get Started
The GBP/USD pair has abundant resources for obtaining market information. We scrutinize all data to identify the following for our subscribers:
At Technical Trading Signals, we are a team of well-versed technical analysts. We analyse charts to identify critical zones such as support, resistance as well as various candlestick and Chart patterns. We also use indicators and other technical tools to identify optimum market entry levels.
For every trade you take, you should set a firm stop loss. Even though the GBP/USD traditionally has a low drawdown and a high win ratio, we encourage the use of stop loss in our signals as a controlled, effective risk and money management tactic.
The Take Profit (TP) is a strategy to achieve a healthy risk-reward ratio, which is ideal for virtually every kind of trader, whether conservative or aggressive. Do you desire a high risk-reward ratio? We have you covered. Even if it is a low one, with us you will get a fit, too. And in the end, what matters is that you will get the pips.
So, what do we expect you to do? Just two things. Understand and deploy. And both can be done in two steps:
When you subscribe for our GBP/USD Trading Signals, you will get benefits that you can’t find anywhere else. This is what we do and we are good at it.