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This quiz will test how well you have learnt the lesson on: How To Trade Forex The Basics
Practice Quiz • 15 total points
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Question 10 of 5
10. Question
10 point(s)Each currency pair has two currencies noted, on the left hand side we have the:
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Question 10 of 5
10. Question
10 point(s)When we say that we “go long” USD/JPY, we mean that:
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Question 3 of 5
3. Question
10 point(s)Lets assume that GBP/USD is at 1.1500 that would imply that to buy GB£1000 you would require:
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Question 4 of 5
4. Question
10 point(s)Let’s assume that in December 2021 EUR/USD was trading at 1.0600 and you bought €1000 paying US$1060. Let’s assume also that in March 2022 EUR/USD was trading at 1.0900 and you decide to convert your €1000 back to US$. What is result?
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Question 5 of 5
5. Question
10 point(s)Let’s assume that in November 2021 GBP/USD was trading at 1.1520 and you bought GB£1000 paying US$1152. Let’s assume also that in April 2022 GBP/USD was trading at 1.1300 and you decide to convert your GB£1000 back to US$. What is result?
JA 
