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Below is a table of the London session pip ranges of the major currency pairs. While there are several financial centers all around Europe, it is London that market participants keep their eyes on. Take note that these are NOT ABSOLUTE VALUES and can vary depending on liquidity and other market conditions. Because these are cross pairs, the spreads might be a little wider though. Also, it is these pairs that are normally directly influenced by any news reports that come out during the European session. Historically, London has always been at a center of trade, thanks to its strategic location. Because of the volume of transactions that take place, there is so much liquidity during the European session that almost any pair can be traded.


Next up, we have the New York session, a jungle where dreams are made of. Trends can sometimes reverse at the end of the London session, as European traders may decide to lock in profits. Just when Asian market participants are starting to close shop, their European counterparts are just beginning their day. Most trends begin during the London session, and they typically will continue until the beginning of the New York session.

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