I heard all this talk about the GBPJPY being an extremely volatile pair...
But, when I compared it to the GBPUSD they both appear to trade about the same except for when news releases come out for the GBP or JPY. Neither appears be more or less volatile than the other...
I am sticking with the GBP/USD as my second most traded pair. If I have to trend trade I like the EUR/USD, but if conditions favor ranging the GBP/USD is the way to go generally... It all depends.
But, when I compared it to the GBPUSD they both appear to trade about the same except for when news releases come out for the GBP or JPY. Neither appears be more or less volatile than the other...
I am sticking with the GBP/USD as my second most traded pair. If I have to trend trade I like the EUR/USD, but if conditions favor ranging the GBP/USD is the way to go generally... It all depends.