montmorencyt2w
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The reason why I trade GBP/JPY is because of it's volatility. There are frequent, huge swings in the same trading day. If I recall correctly, about a week ago, there were moves both up and down that totalled 3,000 pts in one day!! I'm only counting moves of 400+ pts. in this.
This currency pair is nicknamed "The Beast" for very good reasons.
Many thanks. Not sure my nerves could stand anything that volatile.
Sounds interesting though. Thanks for the name, "Beast" - new one on me
Does it trend well?
Regards,
M.