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In forex trading base currency refers to the first currency quoted in any currency pairs . Take GBP/USD currency pair for an example, the Great Britain Pound is the base currency and the U.S. dollar is the quote currency. The price represents how much of the quote currency is needed for you to get one [...]

Today forex trading recommendation:
GBP/USD
Sell@1.9730
open a Stop/Limit/Market Order
Set stop loss @-30pips
Set Profit Target @ 20-30pips (please refer to Latest Performance or Forex Signal Performance)
Result: +30pips profit

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The trade [...]