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What Is a Cross Pair

A cross pair is two currencies priced against each other with no dollar in the name, and its price is two dollar pairs divided: EUR/GBP is EUR/USD divided by GBP/USD, which on 25 August 2026 gave 0.85509 pounds per euro at 10:00 and 0.85599 at 18:00 from this library's real bars. This paper shows you the cross in five lines; the idea as three coins in a triangle; the division done at two real hours; the cross through the whole day, worked out hour by hour; and the EURGBP row and its Specification, with profit in pounds, on your platform.

Difficulty
Beginner
Reading time
5 min
Pages
8
Reviewed by
Saman Rahbar

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A cross pair, in five lines

A cross pair is two currencies priced against each other with no dollar in the name, EUR/GBP, EUR/JPY, GBP/JPY, AUD/NZD. Its price is made from two dollar pairs divided: EUR/GBP is EUR/USD divided by GBP/USD. At 10:00 on Tuesday 25 August 2026 the euro was 1.16526 dollars and the pound 1.36274 in this library's bars, and 1.16526 divided by 1.36274 is 0.85509, so one euro was 0.85509 pounds. Its pip is the fourth decimal place as usual, where a pip is the fourth decimal place of the price, and its value in dollars converts through the pound. It exists so that euros and pounds can be swapped in one trade instead of two.

Three coins in a triangle

Picture three coins in a triangle, the dollar at the top and the euro and the pound at the two bottom corners. The two solid sides are the majors, euro to dollar and pound to dollar, each with its own price. The dashed side along the bottom is the cross, euro to pound directly, and its price is the two solid sides divided, because going euro to dollar to pound and going euro to pound directly have to cost the same, or the banks would run round the triangle until they did.

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