Currency Trading

@escudo (89)
Indonesia
May 9, 2007 11:10pm CST
which one better trading GBP/USD or EUR/JPY ?
4 responses
PhilipGeorge
@PhilipGeorge (103)
• India
10 May 07
I think it is GBP/USD, at current situations than EUR/JPY
escudo
@escudo (89)
• Indonesia
10 May 07
thanks for your response
bcl_me
@bcl_me (582)
• Philippines
9 Jun 07
me i prefer gbp/jpy...it is highly volatile and if you can ride on with the wave...you will certainly be megapiping.
im_anna
@im_anna (717)
• Philippines
10 May 07
depends on the time of day, day of the week, week of the month, fundamentals & technical situation.
decisionmaster
@decisionmaster (161)
• United States
15 May 07
The EUR/JPY is better for carry trading then the GBP/USD. Also, you need less margin for the EUR/JPY if your account is in US dollars due to the current exchange rates. 1 GBP = $1.98 USD 1 EUR = $1.35 USD Other than that it is a personal preference. I prefer trading the NZD/JPY because of the interest rate.