We must learn who is gold, and who is gold plated
DislikedIt's an interesting divergence. Sweden is an EU member while Norway isn't. Swedish Krone would likely continue to appreciate on positive Brexit outcomes, while the Norwegian Krone is moving lower on all the uncertainty related to not only Brexit but international trade relations. Here's a look at the divergence. USDSEK is in pinkIgnored
DislikedGBPUSD drop 200 pips?
how many pips will GBPJPY drop in this case?
is the USD profit will be the same in this special example?
GBPUSD P/L = 200 * 1
GBPJPY1 = GBPUSD1*USDJPY1
GBPJPY2 = GBPUSD2*USDJPY1
GBPUSD pips = GBPUSD1-GBPUSD2
GBPJPY pips = GBPJPY1-GBPJPY2 = GBPUSD1*USDJPY1 - GBPUSD2*USDJPY1 = (GBPUSD1-GBPUSD2)*USDJPY1
= USDJPY1*(GBPUSD1-GBPUSD2) = USDJPY1 * GBPUSD pips
GBPJPY P/L = Pv*Pips = 1Lot/USDJPY1*USDJPY1 * GBPUSD pips = 1lot*GBPUSD pips = 200 USD
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