Category Archives: Forex Glossary

GBP stands for British Pound which in this currency pair is traded against US dollar. The currency pair shows how many US dollars are needed to purchase one British Pound.

The Gator Oscillator (GO) is a supplement to the Alligator indicator and is used alongside with it, showing the degree of convergence/divergence of its three SMAs and pointing at the Alligator's hunger or sleep periods (i.e. trending or non-trending periods of price movement).

A break between prices, when the asset is having a big move up or down without trades occurring.

A monetary unit used in 19 countries of the European Union: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Estonia.