Tick chart for GBPCHF, showing each change in the ask or bid price. (If the spread is
very tight then the lines may overlap, and only the ask line may be visible.)
As well as a plain tick chart, you can use the "Tick speed" mode to add an indicator showing how long it has taken
for the last N ticks to happen. The lower the histogram, the faster the market is moving.
The "Timed" mode still shows each change in the ask or bid price, but the X axis of the chart is set to
constant units of time. You can use this to view individual ticks while still being able to distinguish between
fast and slow periods in the market.
The "Candles" mode draws tick candles. These are candles which form each time that N ticks happen, rather than
The GBPJPY pair is the abbreviation of the British Pound against Swiss Franc. This pair is the oldest currency
cross rate with regard to USD. Speculative volatility is provided by GBP presence in the quote. The high cost
of the lot in the cross rate allows to earn on short-term operations. Dramatic reversals on the news are technically
characteristic: in case of publishing positive data for pound, purchases are always careful, and in case of any
negative data pound sells quickly and capital moves to the Swiss Franc which is safer. To trade this pair is
only recommended to experienced traders. The economic releases that influence the pair the most are
the main economic indicators of Great Britain, Eurozone, Switzerland, and the USA (discount rate, GDP,
inflation, unemployment level, CPI, PMI, among others). Other events that influence the pair are
statements made by officials of those countries, currency interventions of Swiss franc, monetary
policies of the ECB and the Bank of England. The pair is highly liquid only during the European session.