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Currency Trading email this discussion to a friend?

escudo (80)1 year ago

which one better trading GBP/USD or EUR/JPY?

 
 
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tags:  forex, currency trading, pound sterling, japanese yen, euro
 
1. PhilipGeorge (67)   1 year ago

I think it is GBP/USD, at current situations than EUR/JPY


escudo (80)  1 year ago

thanks for your response

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2. myLot reputation of 98/100. im_anna (554)   1 year ago

depends on the time of day, day of the week, week of the month, fundamentals & technical situation.

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3. myLot reputation of 81/100. decisionmaster (110)   1 year ago

The EUR/JPY is better for carry trading then the GBP/USD.
Also, you need less margin for the EUR/JPY if your account is in US dollars due to the current exchange rates. 1 GBP= $1.98 USD 1 EUR= $1.35 USD

Other than that it is a personal preference. I prefer trading the NZD/JPY because of the interest rate.

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4. myLot reputation of 87/100. bcl_me (549)   1 year ago

me i prefer gbp/jpy...it is highly volatile and if you can ride on with the wave...you will certainly be megapiping.

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