Forex GBPUSD H4 Time Frame Technical Analysis and Trading System

FREE DOWNLOAD GBPUSD Trading System – High Profits Forex GBPUSD H4 Time Frame Technical Analysis and Trading System.The most recent Bank for International Settlements(BIS) survey shows that the GBP/USD with 14% of the total daily volume is the third most traded major currency pair.

The GBP/USD is one of the most volatile currency pairs generating many false breakouts and wild movements, therefore, it is not recommended to start trading this pair unless you are a very experienced currency trader.

 

 
Average broker spread: 4-5 pips Daily range

Daily range average: 150-200 pips

Best time to trade: Euro Session (0700 GMT – 1700 GMT)

 

Some factors affecting the GBP/USD rate:

• The interest rate differential between the Bank of England(BoE) and the Federal Reserve
• High yield and attractive growth in the UK drives GBP/USD higher

 

Trading the GBP/USD

• Trading Experience: Expert currency traders
• Trading Style: Day trading and Swing trading

 

How to trade?

Applying Technical Analysis and/or Analyzing Fundamental News from the UK and US zone to make GBP/USD trading decisions.

Watch out for false break outs! Surprising economic news releases can make the GBP/USD move a lot in one direction without many retracements.

 

 

ForexWOT GBPUSD H4 Time Frame Trading is an idea on how to use this indicator effectively for GPUSD currency pairs. You can use the trading system on all major pairs.

Not all trading system works effectively on GBPUSD market but this ForexWOT GBPUSD H4 Time Frame Trading System is your good tool for this pair.

• Best Time Frame for BGPUSD Currency Pairs:  H4
• Currency Pairs: All Major Pairs

 

• GG TrendBar
• SignalTrend
• Moving Average
• I Ozymandias CCI
• PBF RSI Color

 

• 8 EMA upward and above 14 EMA
• Candles upward and above 8 EMA
• I Ozymandias CCI 1 and I Ozymandias CCI 2 Blue color bars
• PBF RSI Green color bars
• SignalTrend Green  color bars

 

• 8 EMA downward and below 14 EMA
• Candles downward and below 8 EMA line
• I Ozymandias CCI 1 and I Ozymandias CCI 2  Red color bars
• PBF RSI Gray color bars
• SignalTrend Red  color bars

 

The GBP/USD is one of the most volatile currency pairs generating many false breakouts and wild movements, therefore, it is not recommended to start trading this pair unless you are a very experienced currency trader.

Consider risking your money no more than 1% of your overall risk capital in anyone trade.