A Pip or (Price interest point) is the measurement of the smallest unit to change in a financial instrument’s price. For example: If GBP/USD moves from 1.2050 to 1.2051, that 0.0001 USD rise is 1 pip.
A Pip or (Price interest point) is the measurement of the smallest unit to change in a financial instrument’s price. For example: If GBP/USD moves from 1.2050 to 1.2051, that 0.0001 USD rise is 1 pip.