We recent received questions from several forex traders about GBPUSD
The question is : Why we do not trade the Euro EURUSD
ForexSignals247 Answer:
GBPUSD is the forex pair you should trade – do not trade EURUSD
Some Reasons:
– GBPUSD is a strong currency and has been used for trading hundred of years (this is the same as XAUUSD – Gold)
– GBPUSD has limited economic events to make its movement ( EUR has too many economic events making its movement). You can trade GBPUSD and make consistent profit
– GBPUSD moves in trend, it is less choppy than EURUSD
– ForexSignals247 Best Price Strategy works best with GBPUSD
Our advice to new forex traders: Focus is the key to be successful. Trading Only 1 Forex Pair is the key to successful trading and do not use forex service trading many forex pairs.