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Currency pairs are often dealt as collection model degrees of the base currency (i.e. 100,000 products) as an example, in case you were obtaining GBP/USD at 1.7999 you would be spending Bucks for English pounds the following: 100,000 x 1.7999 = $179,990 for 100,000 English lbs. You will note that the profit of a industry is obviously calculated within the second currency. This article demonstrates the way the sign works and how it can be used by dealers within their trading.
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