forex

How to read charts in forex

03.08.2018

At the top of the GBPUSD chart you can alter settings using the menu. Switch timeframes, various how to read charts in forex like candlestick, bars and line and drawing tools such as trend lines and fibonacci retracements. Zoom in using plus and minus or detach from page for full screen viewing of GBPUSD.

We also have another range of Forex Charts found here. The US Dollar pitched against the British Pound as GBPUSD is fondly known as cable. This name originates from years back when a communications cable was laid under the atlantic ocean for fast telecommuncation between the Unitied Kingdom and United States. The GBP USD rate is one of the most widely followed foreign exchange pairs. United States, and of course for forex trading! This live forex chart for GBPUSD currency pair updates in real time throughout the trading week. This is an exact market rate, and is the price you will bequoted at most brokers if you are trading.

It may, however, be different due to spreads that brokers add. This is how they make their money. Looking To Send Money In US Dollars? Fill out the instant quote form below for TorFX.

Zero fees, bank beating rates, and all with a friendly FCA authorised company, for your protection. Providing the latest Foreign Exchange rates and information for the UK. There is a menu at the top of this EURUSD chart which allows you to change settings. You can try various timeframes, change the view to lines, bars or candlesticks and add trend lines or fibonacci rretracements using the drawing tools. We also have different Forex Charts found here. The EURUSD is one of the most traded currency pairs around. The Euro being the official currency of most member states in the European Union, and the largest world currency US Dollars.

This foreign exchange pair is followed by tourists between each area, business exporters and more importantly banks or trading institutions. The EURUSD rate is affected heavily by economic data from each nation. The price quotes in our chart for GBPUSD are real time 24 hours a day, Monday to Friday. It’s an actual forex market rate, so it may differ slightly to a quote at your broker, due to spreads and various other factors.