Forex Glossary - G -

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G7: Comprises of the top leading industrial countries in the world: United States, Germany, France, Italy, Canada, Japan and United Kingdom.

Gap: Is a change in price levels between the close and open of two consecutive days.

Globex: A global after hour’s electronic trading system.

Gold Standard: A monetary standard under which the currency of a country is backed by a reserve of gold.

Good Till Cancel Order: A ‘Buy’ or ‘Sell’ order, which is held by a broker until it is filled or cancelled.