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What is your favourite Forex pair to trade and why?

AlexanderGB

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Feb 9, 2023
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I prefer trading EUR/USD and GBP/USD in the Forex market due to their higher volatility compared to most pairs. Over the last decade, EUR/USD has had a range of 10.077 - 1.388, while GBP/USD has had a range of 1.701 - 0.628, which is relatively wider. Trading with a certain amount of volatility requires trading a specific amount to achieve a specific profit target. For instance, if trading with a 200:1 leverage, a trader would only need to trade $200, whereas, with a 1000:1 leverage, a trader would need to trade $1000 to achieve a particular profit. Therefore, higher volatility means that traders will require less money to trade to achieve a particular profit target.
 
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