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Cable (GBPUSD) vs Euro (EURUSD)

  • #21
  • Mar 20, 2009 9:40pm Mar 20, 2009 9:40pm
Quoting aparsai
In this thread I hope to find the answers to the following questions:

  1. Is it true that GBPUSD and EURUSD are 98% correlated? How has the correlation been calculated? For how long this relationship would last?
  2. How can we relate GBPUSD movements with EURUSD movements? Is ATR a reliable tool?

I'm quite open to any other topic that discusses the relationship between these two pairs. It would be great if you accompany your ideas with links to reliable white papers or news articles.

they're are a hard pair in that sense....

at times they move pip for pip and other times they will move in opposite directions.

I have noticed the eur/usd and the aud/usd move in tandem 98% of the time.

be careful on the E/$ and cable though....

cheers
  • #22
  • Mar 25, 2009 7:21pm Mar 25, 2009 7:21pm
http://www.forexfactory.com/showthread.php?t=159833
  • #23
  • Oct 25, 2009 5:42pm Oct 25, 2009 5:42pm
With two of the indicators showing a downward turn, I am currently short at 1.5003
Good Trading!
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 19 KB
  • #24
  • Oct 25, 2009 8:45pm Oct 25, 2009 8:45pm
Hi

Great thread.

Just wanted to put forth an idea. Since Pablorpl has done the co-relation analysis for us. Why not do something with the data, filter out non-co-related data, find the reason behind the co-relation failing in the day/time-frame may be news or any other event or simply failed without a discernible reason.

Once we have that data, we can simply find the optimum conditions down to the right time for trading with the co-relation factored in.

Just my two cents

Neo

PS: Sorry for typo's been up almost 48 hours.
  • #25
  • Oct 25, 2009 9:58pm Oct 25, 2009 9:58pm
Quoting Spsantos
.1 - No, the mostly correlated pair to EURUSD is USDCHF that is inversely correlated at about -85%, GBPUSD is around 60%, and that correlation as been loosening in the last two months. Although we can see some simlutaneous moves on both (and more) pairs, it's wrong to assume that they are highly related.
Yes, used to be when the Euro went to the 1.55s, the Pound made 2.00s. But now it looks like the Pound is stuck in the 1.60s when/if the Euro gets to the 1.55s again.
  • #26
  • Apr 28, 2010 12:00am Apr 28, 2010 12:00am
there are many correalation indi for mt4 just search teh forum
  • #27
  • Jun 24, 2019 5:18am Jun 24, 2019 5:18am
Quoting Spsantos
{quote} .1 - No, the mostly correlated pair to EURUSD is USDCHF that is inversely correlated at about -85%, GBPUSD is around 60%, and that correlation as been loosening in the last two months. Although we can see some simlutaneous moves on both (and more) pairs, it's wrong to assume that they are highly related. .2 - Answer to point 1 greatly invalidates any further discussion of possible correlation studies... Correlation table: http://www.mataf.net/en/tools/correlation-table
That is correct Sir.
  • #28
  • Aug 29, 2023 5:18pm Aug 29, 2023 5:18pm
Quoting aparsai
You might find the following article useful. http://www.springerlink.com/content/bgk3nvm2cbx3rn2e/ The authors beleive that... "Statistical considerations imply that the GBP is already behaving as a true EUR." I've not purchased the article yet. It costs $32 and I'm not quite sure if it worths it.
Attached is the publication.
Attached File(s)
File Type: pdf 2002_ivanova_AreEURandGBPDifferntWordsForTheSameCurrency.pdf   1.3 MB | 317 downloads
To free Gazans of Hamas, use whatever it takes.
  • #29
  • Feb 12, 2024 8:04am Feb 12, 2024 8:04am
Long EU 250 pip target.
  • #30
  • Feb 12, 2024 8:08am Feb 12, 2024 8:08am
Quoting moyoFX
Long EU 250 pip target.
Uhmmm.. I'm not sure I can see a long signal on my chart.. but I might be wrong

Trade safe
  • #31
  • Feb 12, 2024 8:32am Feb 12, 2024 8:32am
Quoting Largeman
{quote} Uhmmm.. I'm not sure I can see a long signal on my chart.. but I might be wrong Trade safe
15 pip stop loss. its not about being right or wrong.
  • #32
  • Last Post: Feb 13, 2024 7:21am Feb 13, 2024 7:21am
CPI in 5 minutes time, Expecting a 200pip spike.
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