London Market Open is one of the most important times in the currency market 24 hour routine.
London is still the currency market center in the world with the highest volume of currency transactions..
New York comes after London in the volume of currency transactions.
When the London Market opens, currency market becomes highly volatile.
Why? Banks have backlogs of big orders from their client firms overnight.
Banks execute these currency exchange transaction the first moment the market opens.
Pairs like GBPUSD, GBPJPY, GBPNZD, GBPAUD, GBPCAD, GBPEUR and GBPCHF become highly volatile.
Read this blog post in which I have posted 12 detailed video tutorials on London Open Breakout Forex Trading Strategy.
GBPUSD, GBPJPY, GBPAUD, GBPNZD, GBPCAD, GBPEUR and GBPCHF are the best pairs for this London Open Breakout Forex Trading Strategy.