Glossary Letter: B

The base currency is the first currency in an FX pair and represents the unit being priced.
The bid-ask spread is the difference between the bid price and the ask price and is a core trading cost.
The bid price is the specific price at which a CFD broker is willing to buy a financial instrument from a trader.
A breakout occurs when price moves beyond a well-watched level, often triggering increased activity and volatility.
A bull market is a period where prices trend higher over time, often alongside improving sentiment.
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