Cable Is Quoted at 1

question 67

Multiple Choice

Cable is quoted at 1.6075-80 and you say "5 yours!" to the broker. What have you done?

• A) Sold USD 5 million at 1.6075
• B) Sold GBP 5 million at 1.6075
• C) Bought GBP 5 million at 1.6080
• D) Bought USD 5 million at 1.6080

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