What are the benefits of trading foreign crosses?

Discussion in 'Forex' started by levijean, Apr 27, 2008.

  1. levijean


    If my home currency is USD, what are the benefits of trading a foreign cross, like GBP/JPY, vs. trading GBP/USD & USD/JPY, when the profitability of my GBP/JPY trade is subject to the USD price movement anyways?
  2. sg20


    GBPJPY is the thrill seeker's pair of trading; it moved fast, strong and fairly unpredictable although it has been slowed down quite a bit. The pair I don’t think has a direct relationship with the GBPUSD and USDJPY except that they are easier to trade.