// TRADING TERMINOLOGY
What is Currency Pair?
Two currencies quoted together, where one is bought and the other sold simultaneously — for example GBP/USD. The first currency listed is the base currency; the second is the quote currency.
In-Depth Explanation
Read the full guide: [What Is Forex?](/basic/what-is-forex)
Practical Example
"Buying GBP/USD at 1.2700 means buying pounds and selling dollars at that exchange rate. A rise to 1.2800 produces a 100-pip profit."
Related Terms
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