Forex Best Pairs. That way, you'll never miss a single opportunity. The Australian economy is tightly knit with its commodity exports.
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GBP/USD is currently one of the greatest technical analysis pairings that can be traded in the forex market. The Australian economy is tightly knit with its commodity exports. And with commodities such as gold and iron amounting to billions of trading volume in the world, the AUD rides on their back.
Article Contents [ show] The next most popular pair to trade is the USD and the Japanese Yen (JPY).
Other option is GBP/USD which has similar style of movements as the EUR/USD as Great Britain is also part of the European Union.
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Also, in my experience, the study of technical analysis works best in highly liquid markets. GBP/USD- In recent years, this pair has become a measure of the consequences of Brexit, with smooth negotiations and contentious deals both creating repeated spikes. This pair is a bit more sensitive as it tends to reflect the political situation between the two giant economies at any given time.