this just popped into my head and i would like to hear others' opinions.....................
the gbp/usd can give headaches..........which is getting weaker more ? gbp or usd ?
the good thing about trading gbp/usd is you have more both buy and sell opportunities but there's more guesswork..........
i believe gbp/chf is now better as it's far more predictable (just sell most of the time) plus with gbp's interest expected to drop further, the negative swap is going to be lower.
even if you sold it and price goes up, average in is also safer if the initial position is not too big.
the gbp/usd can give headaches..........which is getting weaker more ? gbp or usd ?
the good thing about trading gbp/usd is you have more both buy and sell opportunities but there's more guesswork..........
i believe gbp/chf is now better as it's far more predictable (just sell most of the time) plus with gbp's interest expected to drop further, the negative swap is going to be lower.
even if you sold it and price goes up, average in is also safer if the initial position is not too big.