Introduction to trading the British Pound (GBP)

Posted in Forex CFDs
5 minute read
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An introduction to the Pound Sterling. What you should know about the GBP before trading it. What drives its value, key indicators, and its relationship to oil and the FTSE.

An Introduction to the British Pound (GBP)

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GBPUSD Daily chart

What is the position of the GBP in the US Dollar Index?

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Six major international currencies and their proportion in the USD Index

What factors can affect the GBP exchange rate?

The Dynamics of the GBP

Correlation with the Euro

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GBPUSD, EURUSD and GBPJPY correlation chart

Correlation with the oil market

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GBPUSD, GBPJPY and Crude Oil correlation chart

Volatility increases significantly when the European market opens

How do GBP spread in the FX markets work?

Channels of investing in GBP in the FX market

Three considerations for selecting a broker

Advantages of Choosing OANDA for GBP Trading

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British Pound Currency Pairs

How to trade GBP in the FX market?