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  1. 06-16-2011, 10:27 AM #1
    pavilion
    pavilion is offline Junior Member
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    Jun 2011
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    Default Important Question about Currency Trading

    I'm interested in currency trading. and I would like to ask you a question.
    say if your forex account is in british pound and you want to trade in the currency pair GBP/USD, can you buy GBP and sell USD, instead of selling GBP and buying USD.
    Or do you need a forex account in US dollar if you want to do this?

    Thanks.
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  2. 07-08-2011, 06:28 AM #2
    blocktrading
    blocktrading is offline Junior Member
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    May 2011
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    Default

    Yes you can do that. For as long as your Forex broker accepts British pound as your base currency.
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