Reason for the GBP to be moving more than the EUR

[SeanB]

Hi all,

Over the past two days (the 27th and 28th Dec) why has the GBP/USD moved more than the EUR/USD?

I've been following the two and the moves with the GBP haven't been huge but enough to make profit on unlike the EUR which has been choppy (both against the USD).

Anyone have a reason for this happening with the GBP/USD pair?

I look forward to your comments.

Happy trading.
Sean

[jtb790]

Originally posted by SeanB
Hi all,

Over the past two days (the 27th and 28th Dec) why has the GBP/USD moved more than the EUR/USD?

I've been following the two and the moves with the GBP haven't been huge but enough to make profit on unlike the EUR which has been choppy (both against the USD).

Anyone have a reason for this happening with the GBP/USD pair?

I look forward to your comments.

Happy trading.
Sean

I've traded GBP/USD but am not now though I am trading EUR/USD.

My guess is that if there is any reason it is that the euro buying mania possibly is topping out and beginning to faulter. After all, euro cannot go up forever!