Hi, so far I am reading a lot of interesting stuff about forex. I do have one question.
What does it mean if their say the GBP rallied versus the USD.
In this case it means that the value of GBP has risen against USD,
For example if previously it was 1.2 USD for 1 GBP it’d now be 1.5 USD for 1 GBP, because the value of the GBP has rallied (risen) against the USD