how to trade the british pound pairs
TRANSCRIPT
How To Trade The British Pound (GBP)
Pairs
If the British Pound (GBP) is strong, traders can buy the GBP pairs, and sell the EUR/GBP. In the
forex market here is an example using a live signal from The Forex Heatmap® 5-20-2016
Due to the consistent GBP Strength, the GBP/CHF moved much higher, resulting in
a profitable buy trade entry.
Other GBP Pairs Trading Rules• Trade in The Main Forex Session• Use price alerts to monitor pairs for support/resistance breaks.• Monitor the world economic calendar for major news drivers.• Check the Forex Heatmap® to verify the buy or sell, it works for eight
currencies and 28 pairs, not just the JPY pairs.• Make sure the GBP is consistent going in one direction as shown on
the heatmap example.• Scale out lots on profitable trades and move stop to break even.• This trading system for 28 pairs is available at Forexearlywarning.com• Join us for our free weekly webinars and daily market analysis.