eur/usd gbp/usd regular behavior ?

fxfree

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I am still pretty new to forex and have a question .As I menrtioned in another thread , Just of late....the last 30 days, I have been doing some testing with the eur/usd gbp/usd .
It seems to me that eur and gbp have been moving in sync with each other against the usd a lot. What one does the other pretty much does.
More importantly I noticed that these pairs seem to be doing a lot of trending rather than ranging over the last 30 days .
Could someone give me some input on weather this is regular behavior for these pairs. thanks
 
Yes, FX markets exhibit excellent trending properties.

Yes, EUR/USD and GBP/USD are tightly correlated as US sentiment is the major driver.

Cable is excellent for short term trading. It also gets an extra "kicker" from the EUR/GBP cross rate.

HTH
c6
 
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