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We may have a beautiful opportunity taking shape on a cross pair. Let’s talk about How To Trade Forex the GBP/JPY. For the Great British Pound and the Japanese Yen cross pair. Visit our site: www.platinumtradinginstitute.com/
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FOREX TRADING How to trade Forex Cross Pairs
How to trade Forex Cross Pairs • How To Trade Forex the GBP/JPY. For the Great British Pound and the Japanese Yen cross pair, our clients take advantage of our Banker Trades Strategy. Most retail traders shy away from trading the cross pairings. The spreads are often wider and they can be more volatile than the majors making it harder to predict price movements. We have reduced this level of uncertainty by bringing you what we have called Banker trades.
A banker trades involves trading in the cross pairings i.e. currencies not paired against the USD. As we always look for confirmed entry points in the market, we trade the cross pairings when the opportunity arises. This is a confirmed entry point. Take in the region of 1200 PIPs per year with such entry points. If you would like to learn more about this Forex trading strategy click here.
Fundamentals – How To Trade Forex the GBP/JPY cross pair • For the Japanese Yen, which is the other part of this cross pair, we all know, or at least should know, the important role of that currency. • The Yen, as it is often referred to in the trading world, is a safe haven currency. • That means traders and investors have a belief that this particular currency is stable enough to keep its value if compared to other currencies in times of uncertainty, inflation and any other forms of crisis.
THANK YOU. If you are a new trader and would like to learn how to trade, then sign up today to our 2-day free Foundation to Forex Trading Course.