GBPUSD is a pair that we love to trade. GBPUSD fell almost 300 pips in just 24 hours. It started yesterday. GBPUSD had been going up and up and had almost gained around 1000 pips in the last 12 days when it suddenly fell 300 pips. This is how these pairs behave. Suddenly these pairs… Continue reading GBPUSD Falls Almost 300 Pips In 24 Hours
Many Forex Traders Lose Their Account Trading USDCHF On Thursday
USDCHF fell 1867 pips in just 1 hour on Thursday when the Swiss National Bank announced that it was unpegging Swiss franc from euro. Three years back Swiss National Bank had pegged 1.20 Swiss franc to 1 euro. On Thursday it surprised the market with its announcement to undue that pegging. Many traders were trading… Continue reading Many Forex Traders Lose Their Account Trading USDCHF On Thursday