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General Information

GBPUSD

GBP/USD is another popular currency pair on the foreign exchange market. It represents the rate of exchange between the US dollar and the British pound. Whereas the United States utilizes the US dollar as its unit of account, the United Kingdom employs the British pound.

 

The GBPUSD is a key currency in the trading world because of the close economic relations between the UK and the US. Because they are two of the largest economies in the world, economic changes in one country might have a significant impact on the other. The GBPUSD currency pair is therefore commonly used by traders looking to gain from these economic trends and exchange rate swings.

Questions and Answers

How do I know where the money and profits have been withdrawn?

Please note that the profits are sent separately, as for the capital, the amount to be withdrawn is sent to the deposit source within the deposit amount. In the event that multiple sources of deposit are used, the amount withdrawn will be sent according to the order of deposit as well as the amounts deposited.

Glossary

Initial margin

The proportion of the position size that must be deposited as collateral for a trader to initiate a leveraged position.

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