Hello my friends,
Does anyone trade GBP/CHF here----this pair has good volatility, although recently in sideways movement (consolidation in other words)---but still daily ATR is around 100 pips which gives us good opportunities for intraday trading---not to mention this pair is in strong uptrend as well---the spread is 5-10 pips depending on brokers & time---the good thing about this pair, I find, is that this pair may serve as good hedge (as it is influenced by the movements of EUR/CHF, EUR/GBP & USD/CHF)---so you need any one of Euro/GBP/USD to strengthen against CHF, which gives nice movement in this pair & also you can collect positive interest diferentials if you are long---
So let's discuss & research further into this pair for some nice pips in weeks ahead!!!
GL/GT
Does anyone trade GBP/CHF here----this pair has good volatility, although recently in sideways movement (consolidation in other words)---but still daily ATR is around 100 pips which gives us good opportunities for intraday trading---not to mention this pair is in strong uptrend as well---the spread is 5-10 pips depending on brokers & time---the good thing about this pair, I find, is that this pair may serve as good hedge (as it is influenced by the movements of EUR/CHF, EUR/GBP & USD/CHF)---so you need any one of Euro/GBP/USD to strengthen against CHF, which gives nice movement in this pair & also you can collect positive interest diferentials if you are long---
So let's discuss & research further into this pair for some nice pips in weeks ahead!!!
GL/GT