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Pair GBP JPY

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imamcfc

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Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.



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#1 - February 07, 2019, 04:46:40 PM

Kirinkato

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Quote from: imamcfc on February 07, 2019, 04:46:40 PM
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
so true. GBPJPY currency pairs are very attractive to trade even though there are large spreads. there are even many forex groups that are specialized in trading only these currency pairs. one reason is that the daily range can be very far reaching 150-250 per day.
#2 - February 08, 2019, 03:15:51 AM

Black_Koujee

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Quote from: Kirinkato on February 08, 2019, 03:15:51 AM
so true. GBPJPY currency pairs are very attractive to trade even though there are large spreads. there are even many forex groups that are specialized in trading only these currency pairs. one reason is that the daily range can be very far reaching 150-250 per day.

GBPJPY pair is very interesting, we can get maximum profit on this currency pair.
But for beginners like me, this pair is very terrible, because if my analysis is wrong, I will experience a huge loss
#3 - February 08, 2019, 04:21:11 AM

ageseko

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Quote from: imamcfc on February 07, 2019, 04:46:40 PM
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
I really agree with you, I see this pair every day making an extremely sharp move, to trade in this pair install stop loss is like a thing to do because if there is an analysis error does not run out of capital
#4 - February 09, 2019, 05:25:08 AM

Hesti

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Quote from: imamcfc on February 07, 2019, 04:46:40 PM
Pair Characteristics GBP / JPY

Fundamentally, trade transactions between Britain and Japan are actually not extraordinary. Both are not familiar trading partners between each other. However, England is the center of the financial industry in the Western world, while Japan is the center of the financial industry in the Eastern hemisphere. By itself, the transfer of payments between financial institutions is busy every day, both in the Asian and European sessions.
Technically, it is a characteristic that you first need to know before exploring more about how to be successful in GBP / JPY pair trading is extreme volatility. The movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which normally only in the range 50-100 pips per day.
In addition, the movement of the GBP / JPY pair is very fast, so that excessive stop loss and poor risk management can immediately clear the contents of your account.
Hi,  yess that true , GBP/JPY if make huge profit/loss. So I think we have a good money managemen
#5 - February 09, 2019, 05:49:07 AM

aizafx

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I like with this pair actually, because it included as high volatility pair, which average movement daily is more than 100 pips and sometimes reach 200 pips, although usually spread broker is higher than major pair like as gbpusd, but this is very attract many trader to choose this pair
#6 - February 09, 2019, 06:25:00 AM

Hary23

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Technically, that is the characteristic that you first need to know before exploring more about how to be successful in trading GBP / JPY pairs is extreme volatility. This movement can reach 150-200 pips per day, much different from popular pairs such as EUR / USD, USD / JPY, or GBP / USD which are usually only in the range of 50-100 pips per day
I am increasingly interested in GBP / JPY
with a pips movement of 150-200 per day
makes it possible to get bigger and faster profits.
#7 - February 09, 2019, 07:02:33 AM

Difiq

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the GBP jpy currency pair is one of the most traded currencies in the world apart from its fast action, the use of the GBP jpy currency can make us make quick profits because this currency pair is widely used by traders around the world.
#8 - September 09, 2021, 09:38:29 AM

Nick77

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GBP/JPY pair is one of the pairs whose movements are very aggressive and have a wide price range
#9 - June 01, 2022, 05:05:18 AM

Kardel Sharpeye

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The GBP/JPY pair represents the exchange rate between the British pound and the Japanese yen. It is known for its high volatility and wide trading range, making it a popular pair for traders seeking opportunities for high returns. The pair is influenced by factors such as the interest rate differential between the UK and Japan, geopolitical events, and economic indicators such as GDP and inflation. Traders should consider the time frame being used and use technical analysis and risk management strategies to minimize losses. It's also important to keep up to date with news and events that can affect the pair's volatility.
#10 - March 03, 2023, 01:17:42 AM
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