Pound hammered in US forex session

by Quantum Trading Comment Closed
 Pound Hammered in US Forex Session The British pound was hammered in the US forex session. Bearish pressure intensified during overlap hours. GBP pairs sold off sharply. This reflected renewed dollar strength and risk aversion. Volume Price Analysis Insights Volume price analysis (VPA) confirmed the selling. High volume on down candles showed conviction. No buying support appeared at lows. Quantum currency strength indicator highlighted GBP weakness relative to USD. Trading Takeaways Sessions like this reward bearish bias on GBP. Watch for continuation or exhaustion. Anna Coulling's VPA approach with Quantum tools spots distribution phases early for timely shorts. US session volatility often hammers currencies. Use Quantum indicators to navigate pound moves confidently. Trading the GBP in a Strong Downtrend: How VPA Signals the Bottom with Stopping Volume The British pound (GBP) can enter strong downtrends. This happens on risk-off sentiment or UK data weakness. Pairs like GBP/USD or GBP/JPY fall sharply. Traders short with momentum. But trends end. Volume price analysis (VPA) spots the bottom early—stopping volume is...
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Euro delivers in London forex session

by Quantum Trading Comment Closed
Which Pairs Should I Focus On as a Forex Beginner and Why? As a forex beginner, the market can feel overwhelming with dozens of pairs. But starting smart is key. Focus on the major pairs. These involve the US dollar (USD) and another strong currency. They offer the best conditions for learning. Here's why—and which to prioritize. The Major Pairs: Your Starting Point The seven majors: EUR/USD (Eurodollar): Most traded. Tightest spreads. Reacts to ECB/Fed policy. GBP/USD (Cable): Volatile but liquid. UK data drives swings. USD/JPY: Yen safe-haven flows. Low spreads. USD/CHF: Swiss stability vs USD. AUD/USD: Commodity-linked Aussie. USD/CAD: Oil-driven CAD. NZD/USD: Kiwi, similar to AUD. These account for ~85% of forex volume. Why Majors Are Best for Beginners High Liquidity: Fast execution. Minimal slippage—even in news. Tight Spreads: Low costs (0.0-1 pip on ECN). Profits easier to keep. Reliable Volume: Tick data consistent—perfect for volume price analysis (VPA). High volume moves show real conviction. Predictable Behavior: Clear trends or ranges. Easier to learn...
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