Double Bottom

Trading Basics

Double Bottom

A price pattern forming at the bottom of a trend, interpreted by technical analysts as suggesting a reversal in price.

Other Trading Basics

Bank of England

The UK’s central bank responsible for setting interest rates for Sterling and maintaining stability in the UK’s financial industry.

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Cash or Spot Market

Also known as a spot market, cash markets are different to futures contracts, as commodities are traded immediately for cash at the current market price.

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