The prime window is when the markets are open in both the UK and the US. Therefore, the best time to day trade the GBP/USD is between 08:00 and 10:00 GMT, plus 12:00 and 15:00 GMT.
As a result, what is the best time to trade in South Africa?
As you can see in this table, the best time to trade Forex is generally between 10:00 and 16:00 SAST (South Africa Standard Time).
Just as much, is GBP stronger than USD? For over 20 years the GBP has been stronger than the USD. ... In the 21st century, the GBP/USD pair has seen highs of around 2.00 and lows of around 1.22.
Accordingly, why is GBP so volatile?
Why GBP is exceptionally volatile One possible reason is that the UK economy is particularly susceptible to so-called stagflation, a toxic mixture of stagnant economic growth and high inflation.
Which time frame is best for day trading?
One to two hours
|Asian Session||Tokyo||11 p.m. to 8 a.m.|
|European Session||London||7 a.m. to 4 p.m.|
|North American Session||New York||noon to 8 p.m.|