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Afterprime / Live Spreads / Forex / Trade GBPUSD CFD

GBPUSD British Pound vs United States Dollar

CFD Forex

Forex

Major Forex-Major OTC
Sell GBP
Buy GBP

Why Trade GBPUSD?

  • Spreads from 0.0pips
  • Fast Execution < 1ms
  • Full Trade Receipts
  • $0 Fee Deposits
  • Webtrader (MT4)
  • TradingView
  • TraderEvolution

What is British Pound vs United States Dollar / GBPUSD?

GBPUSD is the ticker symbol for British Pound vs United States Dollar. GBPUSD is a Forex CFD. The GBP/USD currency pairing is a representation of the amount of US dollars (USD) that can be bought for every British pound (GBP).

The standard contract size for GBPUSD is 100000 with max lots of 1000 tradeable in 0.01 lot increments.

GBPUSD Product Specification

Contract Size
100000
Margin Currency
GBP
Profile Currency
USD
Pip Value
10
Asset Class
Sector
Major
Sub-Sector
Forex-Major
Expiry
Perpetual
Max Lots
1000
Minimum Size
0.01
Step
0.01
3-Day Swap
N/A
Product Specs

GBPUSD Sessions

Exchange
OTC
Market Hours
24 Hrs
Expiry
Perpetual
Monday
00:01-23:59
Tuesday
00:01-23:59
Wednesday
00:01-23:59
Thursday
00:01-23:59
Friday
00:01-23:57
Saturday
Closed
Sunday
Closed
Time Zone
GMT +2 / GMT +3

GBPUSD Platform Access

Price Feed
Desktop
Web
Mobile
FIX API
Scalping / News
Automated Trading
Day Trading

GBPUSD Profit Calculator

Account Balance
Trade Size (Lots)
Buy/Sell
Account Leverage
Pip Change +/-
Instrument
GBPUSD
Pip $
Margin
Converted Margin
Profit/Loss
Equity
Margin%

GBPUSD Trading Strategies for Beginners

The GBPUSD pair is one of the most popular currency pairs to trade. It is also one of the most volatile, which can make it a tricky pair to trade. In this blog post, we will go over some GBPUSD trading strategies that will help you make the most out of this pair.

The first thing you need to know about trading the GBPUSD pair is that it is highly volatile. This means that it can move a lot in a short amount of time. This can be both good and bad for traders. On the one hand, you have the potential to make a lot of money if you are on the right side of a move. On the other hand, you also have the potential to lose a lot of money if you are on the wrong side of a move. This is why it is important to have a solid trading strategy in place before you trade this pair.

Buying on Pullbacks

One GBPUSD trading strategy that we like is buying on pullbacks. This strategy takes advantage of the fact that this pair tends to move in strong trends. When the price starts to pullback, this presents an opportunity to buy at a discount. The key with this strategy is to wait for confirmation before entering a trade. You can get confirmation by waiting for the price to break above resistance or by using other technical indicators.

Trend Following

Another GBPUSD trading strategy that you may want to consider is trend following. This strategy involves buying the currency pair when it is in an uptrend and selling it when it is in a downtrend. The key with this strategy is to wait for confirmation before entering a trade. You can get confirmation by waiting for the price to break above resistance or by using other technical indicators. You may also want to consider using stop-loss orders with this strategy to limit your downside risk.

These are just two examples of GBPUSD trading strategies that you may want to consider using. There are many other strategies out there as well. The important thing is that you find one or two that work well for you and stick with them. Remember, it is important to have a solid trading strategy in place before you trade this volatile currency pair.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Popular GBPUSD FAQs

What is the minimum trade size for GBPUSD?

The minimum trade size for GBPUSD is 0.01

What is the maximum trade size I can open on GBPUSD?

1000 lots

How do you analyze GBPUSD?

You analyze the GBPUSD pair the same as any other market, by a combination of technical analysis, trend analysis, and any pertinent fundamental analysis or information that is available. You should think of the GBP as the "anti-USD", as if the USD is soft, it generally means that there is a strengthening GBP, and vice versa.

What leverage do we offer on Forex?

We offer competitive leverage rates which are determined by the Afterprime entity you register with.

What is the value of one Forex point?

One Forex point is normally = to 10 unit of base currency. For instance, one Forex point of GBPUSD is = to 10 GBP.

Is CFD trading risky?

CFD trading is extremely risky. Trading any leveraged product carries significant risk as you have the ability to open positions that are far larger than your account balance.

GBPUSD Trading Strategies.

The Afterprime liquidity mix for the forex market has been specially designed to cater for all forex trading styles. Enjoy trading on GBPUSD with fast speeds and low costs.

Scalpers

Low Costs

News Traders

STP Execution

HFTs

Execution From < 1ms

Expert Advisers

No restrictions

Swing traders

Low financing

Large Traders

Deep sweepable liquidity

Welcome to Your
Trading Community.

Test our platforms for free and jump into our Discord to see the magic unfold.
We look forward to supporting you on your trading journey.

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Customer Notice

Trading CFDs and FX is high risk and not suitable for all investors. Losses can exceed your initial investment. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation, or needs. Our Risk Disclosures and Legal documents should be considered before deciding to enter into any derivative transactions.

The information on this site is not directed at residents of the following countries: Australia, United States, China, New Zealand, Japan, and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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