London Breakout Forex Trading Strategy. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE. How To Trade The London Breakout Forex Trading Strategy. This strategy is to be used on the GBP/USD currency pair only and here we have a 60 minute chart of this forex pair. At 8 o’clock in the morning everything kicks off in London – FTSE opens, and trading in currencies increases. The idea is that we’re expecting the money flowing in into the pound or out of the pound into the dollar and we’re expecting that to continue for the next 1 to 3 hours. So we’re looking for riding on this money flow and trying to ride on this money flow as far as we can – until either the momentum dies out or the Dow session opens. We are waiting for the breakout and then getting involved in it. You are really waiting for the big swinger on this one – yes you will hit small signals but occasionally you will get a monstrous day in your direction many multiples of your risk.