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A minor pair (also called a cross pair) is a forex pair that does not include the US dollar but combines two other major currencies. Examples include EUR/GBP, EUR/JPY, GBP/JPY, and AUD/NZD. Minor pairs have slightly wider spreads and less liquidity than majors but are still actively traded and offer diversification from USD-centric trades.
EUR/GBP is a minor pair. If you expect the euro to strengthen against the British pound due to differing central bank policies, you buy EUR/GBP. The spread is typically 1–3 pips — wider than EUR/USD but much tighter than exotic pairs.
