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GK MCQs Section
Q. What does "pip" represent in forex trading?
Answer: The smallest price movement in a currency pair
Notes: A pip (percentage in point) is the smallest price movement in a currency pair, typically representing a change of 0.0001 in most major pairs.
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📌 Question Number: 6 in Forex Services – Forex Trading, Currency Exchange, Hedging and Risk Management in the above course in App.