An order to trade at a specific price. It remains open until trader cancels. Hence “Good ’til cancelled.” Also known as GTC.

Gold is a commodity that is commonly used in jewelry and variety of electronic products and equipment due to its conductivity, malleability, and durability. Previously, it was used as a standard for monetary exchange as well.

The premier German stock index, comprising a weighted average of the 30 largest companies on the Frankfurt Stock Exchange.

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.