You’ve finished your analysis and you’ve reached a result that the GBP looks strong and the CHF may get weaker. Or even the AUD is looking great against the CAD, but when looking at the trading platform and see that your broker doesn’t have GBPCHF or AUDCAD. Then it must be a missed opportunity, right? Definitely No! You can make a “synthetic” pair to go long on GBPCHF or AUDCAD.
To make a synthetic pairs by using the four major currency pairs and three commodity currencies is somehow to an extent easy.
All what is needed is to buy or sell two pairs with the same position sizes.
If you want to go long GBP against the CHF, or buy GBPCHF.
You will have to buy GBPUSD and buy USDCHF at the same time.
The only unexpectedly thing in here is making sure you buy the exact same equivalent amount of each pair.
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