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Markets
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Forex
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gbphuf
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GBP/HUF

GBPHUF

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View Detailed Chart

434.620USD

-1.690-0.39%

Time

15m

30m

Today

-0.39%

5 Days

-0.85%

1 Month

-1.89%

6 Months

-4.91%

Year to Date

-0.83%

1 Year

-10.94%

View Detailed Chart

Key Data Points

Opening Price

436.340

Previous Closing Price

436.310

Price Range of the Day

433.730437.400

52-Week Price Range

430.860493.840

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Strong sell

Sell(11)

Neutral(1)

Buy(0)

Indicators

Sell(5)

Neutral(1)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

-1.031

Sell

RSI(14)

39.625

Neutral

STOCH(KDJ)(9,3,3)

40.042

Sell

ATR(14)

4.320

High Vlolatility

CCI(14)

-162.004

Sell

Williams %R

74.765

Sell

TRIX(12,20)

-0.037

Sell

StochRSI(14)

0.000

Oversold

Moving Average

Sell(6)

Neutral(0)

Buy(0)

Indicators

Value

Direction

MA5

438.092

Sell

MA10

437.916

Sell

MA20

440.086

Sell

MA50

439.639

Sell

MA100

441.137

Sell

MA200

453.047

Sell

GBP/HUF News

More news coming soon, stay tuned...

More Details of GBP/HUF

The GBP/HUF currency pair represents the exchange rate between the British Pound (GBP) and the Hungarian Forint (HUF). This pair is particularly relevant for traders interested in the emerging markets of Central and Eastern Europe. The Hungarian economy is characterized by its manufacturing and service sectors, and the Forint can be influenced by various factors, including economic data, central bank policies, and political developments. GBP/HUF is often monitored for insights into the economic relationship between the UK and Hungary.

How can I trade GBP/HUF?

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To trade GBP/HUF (British Pound to Hungarian Forint), start by choosing a reputable forex broker that offers this currency pair and open a trading account. Fund your account and conduct market analysis to inform your strategy. Decide on your trading style—such as scalping or day trading—and execute your trade by selecting the GBP/HUF pair and determining your position size. Monitor your trade closely, and be ready to adjust your strategy based on market conditions. Finally, close your position when you reach your profit target or if a stop-loss is triggered to manage your risk effectively.

Can I use leverage when trading GBP/HUF?

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Yes, many forex brokers offer leverage for trading GBP/HUF, allowing traders to control larger positions with less capital, although this increases risk.

What are the typical spreads for GBP/HUF?

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Typical spreads for the GBP/HUF (British Pound to Hungarian Forint) currency pair can vary, generally ranging from 2 to 5 pips with retail forex brokers under normal market conditions. During periods of high volatility or low liquidity, spreads may widen significantly, potentially exceeding 10 pips. Conversely, institutional traders might experience narrower spreads, sometimes around 1 to 2 pips. It's important to check specific brokers for real-time spread information, as these values can fluctuate based on market dynamics and the broker's pricing model.