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With currencies there are no shares so the mechanics are quite different. Currencies come in pairs so you don't just short the pound, instead you bet that the e
by sseveran 8y ago
With currencies there are no shares so the mechanics are quite different. Currencies come in pairs so you don't just short the pound, instead you bet that the euro will increase in value relative to the pound. So in this case you are long the euro and short the pound.
https://en.wikipedia.org/wiki/Currency_pair https://en.wikipedia.org/wiki/Currency_pair