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Calculation of foreign exchange futures (short answer)
Pound futures are 25,000 pounds each, settled daily:

(1) Buying futures, because the futures price rises, this person gains:

(1.6012-1.5841) *10 * 25000 = USD 4275.00.

(2) Buying futures, due to the decline in futures prices, losses after liquidation:

( 1.584 1- 1.5523) * 10 * 25000 = $7950.00.