How do pips determine by pairs?

Beginner Questions
1

I’m totally confused on this about pips and hopefully someone who can explain to me.
If I want to make 50 pips per day how do I determine pairs price for a single pip count?
Example.
If GBPUSD price is 1.30080 and want to add 50 pips. Is the take profit 1.30130?
If EURJPY price is 129.181 and want to add 50 pips. Is my take profit 129.231?
If AUDUSD price is 0.71023 and want to gain 50 pips. Is the take profit 0.71073?

2

When you have a 6-digit price, like 1.30080, the last digit is 1/10 of a pip.

Imagine that the last digit is red, and it will remind you.

So, adding 50 pips to that price would look like this:

Adding pips

I think you can figure your remaining two examples.

2 Likes
3

How about EURJPY will it be 129.231 and AUDUSD be 0.71523?

4

Have you studied at the free school here on babypips? Might save you in the long run

5

I see you already got your answer! For better understanding, go for BabyPips School; there you’ll get everything.