The last few days trading are a good reminder of something which can make your life easier trading in FX.
Relative strength relates to the price action of two currencies. The Eur/Gbp pair is a
good indicator of this and with the Gbp being strong against the Eur in the last few days
this also affects their strength versus the dollar, yen etc.
Gbp has gone 800 pips versus Usd, while the Eur has gone 400.
Relative strength relates to the price action of two currencies. The Eur/Gbp pair is a
good indicator of this and with the Gbp being strong against the Eur in the last few days
this also affects their strength versus the dollar, yen etc.
Gbp has gone 800 pips versus Usd, while the Eur has gone 400.
