Cross-pair strategies: why trade EUR/GBP instead of cable?

Crosses remove the dollar from the equation, which changes everything: the moves come from the relative fortunes of two non-USD economies, and the dollar's wild days don't touch you directly.

What draws you to crosses?

• the cross you trade and the story it expresses
• how its ranges and spreads compare with the dollar pairs
• the events that matter for crosses specifically

The cross rates guide covers the mechanics.