The market overview lets you quickly compare price movements on different timescales.
The overview shows three gauges, for the price movement during the last 60 minutes, 24 hours, and 5 days.
Each gauge shows the current price in relation to the high-low range (with prices). A gauge which is
mostly blue means that the current price is towards the top end of the range; orange means that the price
is towards the lower end of the range. The inner bar then shows the open price for the period, and the
corresponding % change.
Below the gauges are three simple candle charts, letting you compare short-term market activity on
the M5, M15 and H1 timeframes.
The GBPCAD pair is the abbreviation of the British Pound against the Canadian Dollar. The Pound is the
fourth most traded currency worldwide, with the Canadian Dollar in sixth place and they are the
official currencies of two top ranking national economies. The GBP is the
4th most actively-traded currency in the foreign exchange market, after the US dollar,
the euro, and the Japanese yen. It is also one of the world's major reserve currencies,
with London being home to nearly 30% of all daily foreign exchange transactions. The Canadian Dollar is one
of the 6 most traded currencies in the world. It's especially popular among top liquidity banks that choose it because
of the country's economic soundness, strong governmental system, and political and legal stability.
Challenges