Milton Markets
LONDON

LONDON Trading

London trading session - one of the most liquid periods for forex trading.

The London trading session operates from 8:00 AM to 5:00 PM GMT (3:00 AM–12:00 PM EST). As Europe's largest financial center, London handles approximately 30% of global forex trading volume. Overlaps with both Tokyo and New York sessions create periods of exceptional liquidity, particularly for European currency pairs like EUR/USD, GBP/USD, and EUR/GBP. The session opens with high volatility as Asian markets close and European markets open, making it ideal for breakouts and trend-following strategies. Major European economic releases and Bank of England policy announcements often drive significant price movements during this session.

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Live Trading

Frequently Asked Questions

What time does the London session open in GMT and EST?

The London session runs from 8:00 AM to 5:00 PM GMT (3:00 AM–12:00 PM EST). This session overlaps with both Tokyo and New York sessions, creating high liquidity periods.

Which currency pairs are most active during London session?

European pairs dominate London session activity, with EUR/USD, GBP/USD, and EUR/GBP seeing the highest volume. Cross pairs like EUR/JPY and GBP/JPY also benefit from overlap with Tokyo session.

Why is London session considered the most liquid trading period?

London processes approximately 30% of global forex volume and overlaps with both Asian and American sessions, creating peak liquidity. European market open, combined with Tokyo session overlap and later New York session overlap, results in the highest trading activity of the day.

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About LONDON

London trading session - one of the most liquid periods for forex trading.

The London trading session operates from 8:00 AM to 5:00 PM GMT. As Europe's largest financial center, it handles approximately 30% of global forex trading volume. Overlaps with both Tokyo and New York sessions create periods of exceptional liquidity, particularly for European currency pairs like EUR/USD, GBP/USD, and EUR/GBP.