Hey guys, it is a little late but here is the weekly analysis for GBP/JPY and USD/CAD. We have a few lines on GBP/JPY and a special type of trade on the long side. Check out the video for detailed info on this weeks trades.
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{ 4 comments… read them below or add one }
I see an average pip movement on the GBP/JPY of 168 pips over the last 20 days.
The USD/CAD has a 75 pip average for the last 20 days, which is more than enough to get 25 pips on a trade.
But, the GBP/CHF averages 197 pips.
I have started watching it and putting lines up.
The spread is sometimes a little higher than the GBP/JPY but I think it is worth it to have the larger runs.
The pip value is also slightly higher at $9.56 compared to the GBP/JPY of $9.27 this morning at 9am Central Time in the US.
hey Mark
Why don’t you start a gbpchf thread.
Thanks again Nick for sharing your gy smarts! I really learn alot from you…
Your site is really of great help to me as a beginner and I’ll stick to it.
THanks a lot and keep it up as I look forward to getting my friends informed soon.