What is GDP and its impact in forex.

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    What is GDP and its impact in forex.
    Assalam alaikum dear members!
    umeed ha ao sb khairiat se hn gy or apka trading week acha gia ho ga.
    aj ki post main hum GDP ki study karen gy k ye kia hota ha or eska hmari trading k sth kia relation ha.


    WHAT is GDP?

    Dear members GDP ki full form Gross Domestic Product ha.
    gross ka mtlb hota ha totala jb k domestic ka mtlb hota ha within country or product se murad ha ksi chz ki production yani pedawar.
    estrha GDP ka asl mtlb ha k ksi country ki total pedawar.
    Ye aik Fundamental tool ha wesy to ye economics ka topic ha laikin forex main fundamentally use hota ha.
    ab jitni js country ki production barhti jygi uski GDP grow krti jygi or us country ki economy strong ho ge estrha economoy k strong hony se us country ki currency ki bhi strong ho ge to automatically forex impact ho ga.

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    ab fundamentally GDP ka direct data ni ata k GDP aj itni km ho rhi ha ya zada bl k aisy factors jin py GDP depend karti ha unka data ata ha jesa k core retail sales , Unemployement claims or Non Form Pay roll. In sb data ki wja se GDP km ya zada ho skti ha to hmen in data pr nzr rkhni hoti ha or inka effect dkh k trade karni hoti ha.


    Relation of GDP with Forex:

    Dear members agr ap currencies ya commodities main trade karty hain to apko us currency ki GDP py nzr rkhni hoti ha ap ko us ki hr fundamental news ko study karna hota ha q k jo estrha k data hoty hain inka impact market py bht quick hota ha sudden boom
    ya crash aa skta ha.
    fo example agr ap USD main trade karty hain to apko America ki economy or GDP py nzr rkhni ho ge uski hr news ko study karna ho ga.
    agr america ki GDP grow kary ge to dollar ka rate barhy ga or es k opposite pair ki price km ho ge jesa K GBPUSD agr usd strong ho ga to GBP main sell ki trade bny ge.

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    agr ap technicals k sth en fundamentals py b nxr rkhn gy to ap successful trader bn skty hain.
    THANK YOU GUYS ! :1f60a:

اب آن لائن

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