Spread Increased on GBP/JPY

POSTED BY Seeni on Jan 5 under Brokers, Rambles

I just noticed that though all pairs’ spread remain somewhat consistent, spread on GBP/JPY has gone up on all brokers that i can refer offhand.

I took a quick glance at;
E/U
G/U
U/Y
E/Y
G/Y
U/C

Alpari MarketWatch - 060109 - 0150 SGT

and noticed that only G/Y has been given the coveted award of increased spreads.

Alpari UK – From 8 to 10 pips
FXDD – From 8 to 9 pips
IBFX – From 8 to 9 pips

I look at G/Y pair for my cinderella trades during US close. I guess i probably will skip these trades for today.

Happy Trading,
Seeni

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