A position that becomes beneficial as market price rises. A pair in which the base currency is bought is said to be long.
Back to Forexpedia Main Page
Learn How to Trade Forex. BabyPips.com Is The Beginner's Guide to Forex Trading. Your Best Source for Forex Education on the Web.
Is GBP/USD headed for more losses? Here's a forex trade for those who think the pound is a weaker bet than the dollar! ...