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Old 04-12-2007, 10:34 PM
Newbie
  

Join Date: Apr 2007
Posts: 10
Default Pip Value
Anyone trading GBP/JPY knows that 1 pip equals ~$8.4 when trading one standard lot. Then why do all pip calculators on different websites show $4.25?
They should probably show 4.25GBP but how come noone noticed that yet?
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