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Answer:
"Shorting" is the act of selling currency, commodities, or stocks that you do not currently own. In forex, the "base" currency is the one being sold. In contrast with going long, it is beneficial for a short position when the price declines. Here, you can cover or buy back the position that you sold at a lower price and return the same amount to where you got it. The difference between the two prices would be your profit.
