Trading Basics
BoE
Bank of England.
Other Trading Basics
Contingent Orders
Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
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Learn the skills needed to trade the markets on our Trading for Beginners course.