Indicators: Currency Pairs Correlation

 

Currency Pairs Correlation:

This indicator is developed to show the average movement of any 2 correlated currency pairs of the same TF.

Author: Leonid Basis

 

Hello,

I do not understand you talk about EURUSD” and “USDCHF” and in the image we see GBPUSD. Can you expalin better?

Tanks

 
The diagram shows that GBP is obviously correlated to USD, ok ?
Reason: