London benefits from its time zone. London’s morning overlaps with late trading in Asia and London’s afternoon overlap with New York City. London it is considered the forex capital of the world.
It may be best to stick with the majors (EUR/USD, GBP/USD, USD/JPY, and USD/CHF), as these normally have the tightest spreads.
Also, it is these pairs that are normally directly influenced by any news reports that come out during the European session.
You can also try the yen crosses (more specifically, EUR/JPY and GBP/JPY), as these tend to be pretty volatile at this time.
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