Can Forex Traders Do Anything to Prepare for the GDP Q4 and Impending Triple Dip Doom?

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By technical definition, if the UK economy posts a negative figure (previous figure 0.9%) the economy will enter a triple dip recession.

Vantage FX UK

Vantage FX UK - Multi-Award Winning Forex Broker

Multi-award winning foreign exchange trading broker Vantage FX UK are, like the rest of the forex community, waiting with baited breath for the Q4 GDP announcement on 27th March 2013.

By technical definition, if the UK economy posts a negative figure (previous figure 0.9%) the economy will enter a triple dip recession.

Fear of a triple dip recession has put new downward pressure on GBP. A marked fall in industrial output data in January indicates that when the GDP announcement arrives, USD/GBP could end up dropping to as low as 1.35.

What Can Forex Traders Do?

The best way for FX trading professionals to prepare for whatever happens, is to ensure they have a strong forex broker in their corner, offering a comprehensive range of trading tools, technical analysis education, strong ‘Expert Advisors’, a comprehensive forex demo and indeed first class customer service to ensure the account runs smoothly.

Vantage FX UK offers all traders:

  •     Tight Spreads From 0.4 pips
  •     Up to 500:1 leverage
  •     STP - NDD, No Requotes
  •     Web and mobile platforms
  •     Segregated, Secure Client Funds
  •     FSA Regulated

Both novice and experienced traders can see what it’s like to trade with Vantage FX UK by opening a free demo trading account.

Try a free demo trading account today and start planning for the 27th March announcement.

About Vantage FX UK

Vantage FX UK is an internationally recognised FX trading broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.

What sets forex brokers Vantage FX apart is its wide range of services and outstanding level of customer support. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors as well as offering handy tools such as a forex market calendar.

Contact: Robert Berkeley, Vantage FX, robert.berkeley(at)vantagefx(dot)co(dot)uk, 02073324954

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Robert Berkeley
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