$GBP/ USD
What is pipis?
Pip is the unit of measurement to show us change in value between two currencies..
1 Example: GBP/USD
1 pip= 10 points
5 pip= 50 points
10 pipi=100 points
2nd Example:
if markit move from 1.31500 to 1.31510 thats mean markit move 10 points/ 1 pip...
if markit move frome 1.31500 to 1.31550 thats meant markit move 50 points 5 Pips...
If markit move from 1.31500 to 1.31600 thats mean markit move 100points=10 pips