Short
A sell position that profits if the price falls. Going short GBP/JPY means selling pounds and buying yen.
Related terms
Long
A buy position that profits if the price rises. Going long EUR/USD…
Account currency
The currency your trading account is held in. Profits, losses and…
Ask
The price at which the market will sell to you, so it is the price…
Base currency
The first currency in a pair. In GBP/USD it is the pound. Buying…
Bid
The price at which the market will buy from you, so it is the…
Commodity currencies
Currencies of countries that rely heavily on raw-material exports,…