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The future of trading is here.
A ‘pip’ is a very little price movement in trading. The term ‘percentage in point’ is an abbreviation for ‘percentage in point’. A pip is the tiniest movement that a currency may make in the forex market, and it is a crucial unit of measurement in currency trading.
Traders use pips to track currency price fluctuations. Although it depends on the currency pair being traded, determining the amount of pips in a price fluctuation is a simple process.