Examlex
If stock prices move randomly, charting and technical analysis are useful investment tools.
Indirect Quote
A way of quoting exchange rates in foreign exchange markets, representing the amount of foreign currency required to buy one unit of the domestic currency.
Direct Quote
A direct quote is a foreign exchange rate expressed in terms of how much of the domestic currency is required to buy one unit of the foreign currency.
British Pounds
The official currency of the United Kingdom, denominated as GBP (Great British Pound).
Exchange Rate
The price of one currency in terms of another currency.
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