What determines whether a pair goes up or down? | Forex Factory

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What determines whether a pair goes up or down?

  • #1
  • First Post: Edited Feb 21, 2019 2:10am Mar 28, 2007 4:26am | Edited Feb 21, 2019 2:10am
I am new to Forex world, i would like to ask:

If i am longing for example GBP/USD with 70% for all capital in this world, what will be the result? will GBP/USD be up or down?

Why?

Best Regards
Engedi
Forex Penguin
  • #2
  • Mar 28, 2007 5:35am Mar 28, 2007 5:35am
Price goes up while people buy and down while people sell. But to affect on pair in forex you need big sum of money
  • #3
  • Mar 28, 2007 6:06am Mar 28, 2007 6:06am
forex formes price like every market, thru demand-offer. The bigger the differences between d-o the bigger are the price movements
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #4
  • Last Post: Mar 28, 2007 6:07am Mar 28, 2007 6:07am
Quoting engedi05
I am new to Forex world, i would like to ask:

If i am longing for example GBP/USD with 70% for all capital in this world, what will be the result? will GBP/USD be up or down?

Why?
If you took 70% of the capital in the world and bought GBP/USD, you would move the price from 1.9600 to around 300.0000, if not higher...
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