The bid is the price at which the market is prepared to buy a specific currency pair in the Forex market.
At this price, the trader can sell the base currency. The bid price is shown on the left side of the quotation.
For example, in the quote USD/CHF 1.4527/32,the bid price is 1.4527, meaning that you can sell one U.S. dollar for 1.4527 Swiss francs.