I am going to assume that I am using the correct terminology by calling these cross pairs.
I don't understand the relationship between 3 different, yet related, pairs.
For example. GBP/USD USD/CHF GBP/CHF. If the market is moving so that the dollar is strong, people will be selling GBP/USD and buying USD/CHF, but how does that affect GBP/CHF? Both are being sold in relation to the dollar, but how do they react to each other?
I don't understand the relationship between 3 different, yet related, pairs.
For example. GBP/USD USD/CHF GBP/CHF. If the market is moving so that the dollar is strong, people will be selling GBP/USD and buying USD/CHF, but how does that affect GBP/CHF? Both are being sold in relation to the dollar, but how do they react to each other?