Trading session
The active hours of a major financial centre. Forex is usually split into the Sydney, Tokyo, London and New York sessions.
With real data
Average range by session, GBP/USD (last 12 months)
- Asian
- 30 pips
- London
- 60 pips
- New York
- 57 pips
Session hours in UTC: Asian 00–07, London 07–16, New York 12–21. Calculated from price data up to 6 October 2026.
Related terms
Session overlap
When two major sessions are open at once. The London–New York…
Liquidity
How easily a currency can be bought or sold without moving the…
Asian range
The high and low set during the quieter Asian session. Some…
Daily close
The end of the trading day, at 17:00 New York time for forex.…
London open
The start of European trading, often bringing a burst of volume…
London session
European trading hours, roughly 08:00–17:00 London time, and the…