Forex Zone | Forex Forum

Pair GBP JPY

Discussion started on Forex Education

  • Posts: 6
  • Points: 0
  • Likes Received: 3
  • Reputation: +0/-0
Pair GBP JPY in Forex Education_xx
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.



Linkback: https://www.forex.zone/forex-education/29/pair-gbp-jpy/932/
#1 - February 07, 2019, 04:46:40 PM

  • Pair GBP JPY in Forex Education_Brad_Pitt
  • Posts: 123
  • Points: 500
  • Likes Received: 38
  • Reputation: +2/-0
Pair GBP JPY in Forex Education_xx
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
so true. GBPJPY currency pairs are very attractive to trade even though there are large spreads. there are even many forex groups that are specialized in trading only these currency pairs. one reason is that the daily range can be very far reaching 150-250 per day.
#2 - February 08, 2019, 03:15:51 AM

  • Posts: 267
  • Points: 0
  • Likes Received: 53
  • Reputation: +0/-0
Pair GBP JPY in Forex Education_xx
so true. GBPJPY currency pairs are very attractive to trade even though there are large spreads. there are even many forex groups that are specialized in trading only these currency pairs. one reason is that the daily range can be very far reaching 150-250 per day.

GBPJPY pair is very interesting, we can get maximum profit on this currency pair.
But for beginners like me, this pair is very terrible, because if my analysis is wrong, I will experience a huge loss
#3 - February 08, 2019, 04:21:11 AM

  • Pair GBP JPY in Forex Education_index
  • Posts: 743
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
Pair GBP JPY in Forex Education_xx
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
I really agree with you, I see this pair every day making an extremely sharp move, to trade in this pair install stop loss is like a thing to do because if there is an analysis error does not run out of capital
#4 - February 09, 2019, 05:25:08 AM

  • Posts: 117
  • Points: 0
  • Likes Received: 8
  • Reputation: +0/-0
Pair GBP JPY in Forex Education_xx
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
Hi,  yess that true , GBP/JPY if make huge profit/loss. So I think we have a good money managemen
#5 - February 09, 2019, 05:49:07 AM

  • Pair GBP JPY in Forex Education_index
  • Posts: 739
  • Points: 5396
  • Likes Received: 97
  • Reputation: +3/-0
Pair GBP JPY in Forex Education_xx
I like with this pair actually, because it included as high volatility pair, which average movement daily is more than 100 pips and sometimes reach 200 pips, although usually spread broker is higher than major pair like as gbpusd, but this is very attract many trader to choose this pair
#6 - February 09, 2019, 06:25:00 AM

  • Posts: 7
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Pair GBP JPY in Forex Education_xx
Technically, that is the characteristic that you first need to know before exploring more about how to be successful in trading GBP / JPY pairs is extreme volatility. This movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which are usually only in the range of 50-100 pips per day
I am increasingly interested in GBP / JPY
with a pips movement of 150-200 per day
makes it possible to get bigger and faster profits.
#7 - February 09, 2019, 07:02:33 AM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Which is the best Forex pair for beginners?

Started by zanurreload on General Forex Discussion

85 Replies
762 Views
Last post March 28, 2021, 05:32:10 PM
by Miracle Fx
lamp
Exotic currency pair - EUR/CHF

Started by Noviarini on General Forex Discussion

6 Replies
178 Views
Last post May 03, 2021, 11:44:18 PM
by Mulyono
xx
How to Choose a Forex Pair

Started by ASHfx on Forex Education

960 Replies
9145 Views
Last post February 18, 2021, 06:00:00 PM
by Muh0340