History tells April is typically kind to GBPUSD

  • April tends to be a month in which the Pound outperforms its major rivalsĀ as a result of dividend repatriation flows
  • Since 2000, GBP strengthened versus the USD in 16 out of 18 cases, while the last negative year was in 2004
  • Based on this fact, being long GBPUSD in April seems to be high probability trade