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Follow on Google News | GBPAUD Market Guide and Volatility AnalysisThis White Paper on the GBPAUD provides and overview of the volume and volatility based on annual, daily and hourly statistics for the GBPAUD currency pair.
By: TradersHelpDesk.com • Symbol information for both TradeStation and NinjaTrader • Quote and Trade Costs Information • Price Increments and Current Pip Values • Trading Hours and Market Sessions • Volume comparisons for year and hour • Volatility by year, quarter and hour GBPAUD Market Guide and Volatility Analysis White Paper As the White Paper shows, the volume is increasing on the GBPAUD from prior years with 2015 having the most total volume and average daily volume since 2011. The report also shows that pip movement is steadily increasing, as well. Although there was a lag in movement between 2010 and 2014, according to the statistics, 2015 indicated a substantial rise in volatility. Additionally, when volatility is shown in hourly increments, the most volatile trading periods for the GBPAUD is relatively a tie between the London and US sessions. The slowest months in volatility are between April to September. The one issue to be aware of when trading the GBPAUD is the pip spread as it can increases dramatically during volatile and non-volatile market periods. While the pip spread is dependent on your forex broker, the average pip spread is between four to five pips for entry and exit. The increased width of the pip spread is primarily due to the fact that the GBPAUD moves more than most of the other currencies (as you will see when other reports are released). More movement in a currency means the more likely it is that you can take more profits (although you could also lose more as well). Also, if you are new to trading currencies, please be aware that when currencies are held overnight, interest can be paid or charged to your account depending on the interest rates based on the two currencies and determined by your broker. The White Paper on the GBPAUD can be downloaded by visiting: https://blog.tradershelpdesk.com/ End
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