This trading phenomenon exists because the economic data relevant and more impactful for the Sterling are released during UK business hours. While the GBP crosses are actively traded around the clock, they tend to be traded more during the hours when the UK market is open. The UK Forex traders can enjoy a volatile market and subsequently plentiful trading opportunities.Īs a general rule, the Pound crosses will usually be most active during regular London trading hours. When the London trading hours overlap the New York trading hours, that’s considered the most liquid time of the day. The best time to trade the forex market is during the London trading hours because the global market players are most active and doing business during this time. The global minor trading centres around the world include: The most critical thing to understand about the forex trading hours is that the trading volume differs among the three major trading sessions. The UK Currency traders will always have the opportunity to trade at any time of the day. Each trading day can be structured into these four trading sessions. ![]() The fourth-largest trading centre in the world is located in Sydney. ![]() The image below shows how the world’s different time zones make 24-hour Forex trading possible. It is because these are conducted over the counter. Stock markets close at a particular time of the day, while the trades in the forex market don’t. This is possible since the forex market can be divided into three major trading centres as follows: The main advantage of the forex hours is that United Kingdom (UK) currency traders can spot opportunities even outside the regular UK forex trading hours. ![]() The global foreign exchange market is open for business around the clock, five days a week. Forex Trading Hours For UK Currency Traders
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