FUNTRADER-Vera

0502 Which GBP-related pair you would choose?

Education
FX:GBPUSD   British Pound / U.S. Dollar
Chart1, GBPJPY might go up for 688 pips.
Chart2, GBPCHF might go up for 754 pips.
Chart3, GBPUSD might go up for 530 pips.

Which one to choose?
You need to worry about the value of the other three currency (JPY, CHF, USD) at the same time.

Approximate
1 *JPY= 0.9 USD
1* CHF=1* USD

So,

Chart1, GBPJPY might go up for 688 pips, 619.2 pips in USD DOLLAR;

Chart2, GBPCHF might go up for 754 pips, 754 pips in USD DOLLAR;

Chart3, GBPUSD might go up for 530 pips.

Looks like GBPCHF would be the best choice .

Good luck on finding out your entry.
LESS IS MORE!
Comment:
Did you choose GBPCHF to trade? Guys?
Comment:
Trade closed: target reached:
TP1 hit on buying GBPCHF

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