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GBP/HUF

GBPHUF
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424.760

+1.860+0.44%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.43%

5 Days

-0.25%

1 Month

-0.20%

6 Months

-1.94%

Year to Date

-3.09%

1 Year

-6.81%

Key Data Points

Opening Price

422.730

Previous Closing Price

422.900
Price Range of the Day
421.920425.640
52-Week Price Range
401.510461.930
More news coming soon, stay tuned...

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(4)
Buy(7)
Indicators
Sell(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.622
Neutral
RSI(14)
54.695
Neutral
STOCH(KDJ)(9,3,3)
48.459
Neutral
ATR(14)
3.873
High Vlolatility
CCI(14)
6.948
Neutral
Williams %R
35.135
Buy
TRIX(12,20)
0.053
Sell
StochRSI(14)
57.136
Buy
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
424.332
Buy
MA10
424.653
Buy
MA20
423.406
Buy
MA50
418.099
Buy
MA100
417.306
Buy
MA200
428.393
Sell

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?

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?

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?

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.

GBP/HUF

424.760
+1.860+0.44%
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