Live market review with OANDA
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
What we'll cover:
Join market analysis webinars for a live market update and analysis on the recent price movements of the major currency pairs.
Dates
More GBP strength?
The GBP/USD has been largely range-bound over the last year, as a resilient U.S. economy helps keep the greenback from losing too much ground. But, with consolidations often giving way to breakouts or breakdowns, the next few months could decide if the pound’s long-term uptrend can continue. To help uncover clues, technical analysis helps traders determine which price levels offer the best risk-reward opportunities. Are the lights flashing red or green for the GBP/USD?
In this webinar, we’ll explain:
- Key support and resistance levels for the GBP/USD
- Whether the GBP is showing relative strength compared to other USD rivals
- How to confirm breakouts and breakdowns, and avoid getting whipsawed by false moves
- Stop-loss strategies to keep drawdowns within your desired risk limits
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