Trading plan for the GBP/USD pair for the week

The GBP/USD currency pair has increased by about 20 points over the past week, which is a very weak volatility value for this pair. However, this is the final value of the week. Maybe the situation was different for each individual day? No. Volatility remained fairly low all week. At the same time, an upward trend continued in the long term, which has long caused surprise and doubts about its validity. However, as we have repeatedly warned, this is a currency market, and no one can predict its behavior by 100%. The fundamental background may be completely against the pound, but if market participants buy it (for any reason), it will grow. Thus, we always warn that any fundamental theory and hypothesis must be confirmed by "technology". As long as this is not the case, no matter what the "foundation", it is recommended to trade according to the trend, that is, to increase. The previous local high has not been updated yet (1.3481), so there are still theoretical chances of a new downward trend starting. Also, we would not particularly count on the "double top" pattern.

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OctaFx Don't lose using Negative Balance Protection

OctaFX top priority is making your trading experience great by providing negative balance protection to all our clients: Our risk management system ensures that the client cannot lose more than he initially invested. If the balance becomes negative due to Stop Out, OctaFX will compensate the amount and adjust the account balance to zero.

OctaFX guarantees that your risk is limited only to the funds you have deposited into your account. Please note that the negative balance protection does not include any debt payments from the Client. Therefore, our clients are protected from losses beyond their initial deposit.

Situations, when account balance is prone to becoming negative, might take place upon significant economical events, when sudden market movements drastically affect the value of assets. Due to high volatility and price gaps, a customer can lose his/her equity. OctaFX compensates the account balance to zero.

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-Set your Stop Loss

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AETOS WINS TWO TROPHIES AT THE GLOBAL FOREX AWARDS

AETOS WINS TWO TROPHIES AT THE GLOBAL FOREX AWARDS

AETOS Capital Group (AETOS) has bagged another two awards at the Global Forex Awards presentation on 25 September 2020. The well-deserved titles “Best Forex Introducing Broker Program – Global” and the “Most trusted Forex Broker – Asia” add to the trophy lists that the market leading Forex Firm has achieved over the years.

The award’s champion is for cutting-edge technology, low-cost trading, comprehensive market research tools, advanced educational programs and world-class customer service to consumer/trader business.

AETOS’ success comes with years of expertise and ongoing contributions to the Global Forex market. With cutting edge technology and expanded product ranges, AETOS’ new system is very user-friendly, enabling clients not only easily manage own account and client base in one place, but most importantly, effortlessly expand introducing broker business.

AETOS has been working extremely hard to enlarge its market share in Asia, particularly in South East Asia. With a huge base of clients, the awards showed the market recognition to our effort in the past as a as Global Forex company.