Cryptocurrency Q&A
How much is 1 point in pips?
How much is 1 point in pips?
Dario
Sun Dec 01 2024
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7 answers
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I'm trying to understand the value of 1 point in pips. Could you please explain how much it is worth or how it's calculated?
7 answers
CryptoMercenary
Mon Dec 02 2024
The terminology in forex trading can be quite perplexing for beginners.
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Rosalia
Mon Dec 02 2024
For example, let's look at the GBP/USD currency pair.
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Giulia
Mon Dec 02 2024
If the pair moves from 1.30542 to 1.30543, this tiny shift is significant.
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GalaxyGlider
Mon Dec 02 2024
Beyond the concept of a "pip," there are other measurements to consider.
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CryptoLord
Mon Dec 02 2024
A "point" or "pipette" is a fraction of a pip that represents a tenth of a pip.
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