Buy currency

Hi Guys!
In the currency pair GBPUSD when one buys currency do you refer to GBP? Similarly re selling the currency. Can someone explain please.


When you trade curruency pairs you are always taking your positions relative to the first currency listed. That’s the “base” currency. So, in GBP/USD the base currency is “GBP”. When you buy, you are long GBP. When you sell, you are shorting “GBP”.