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GBPHKD Pip Value Forex Calculator - How to Count GBPHKD Pip Value

GBPHKD Pips Calculator - How to calculate GBPHKD Pip Explained

What's the Pip Value for GBPHKD Currency Pair?

The GBP/HKD currency pair is quoted to four decimal places and the last decimal place is known as the pip.

If your broker uses 5 decimals for GBPHKD, the last one is a pipette. The fourth decimal counts as the full pip.

The value of one pip for GBP/HKD when trading a standard lot is $1.28. GBP/HKD trades occur in lots - one standard lot equals 100,000 currency units.

Trading the GBPHKD pair is done in standardized lots to enhance the per-pip value, consequently boosting the monetary return on GBP/HKD transactions.

What is GBPHKD Pip Value in U-SD? - How Much is 1 Pip in GBPHKD?

The monetary value represented by one Pip (Point) for the GBPHKD currency pair, when trading one lot, is $1.28.

Determining the pip value for 1 GBP HKD necessitates using the position size traded for the GBP/HKD pip value calculation. The position size is a function of the lot size, where the three types of standard fore lots for trading GBP/HKD are:

  1. Standard Lot - Equivalent to 100,000 Units of the Currency
  2. Mini Lot - Equivalent to 10,000 Units of the Currency
  3. Micro Lot - Which is Equivalent to 1,000 Units of the Currency


How To Count Pips on GBPHKD - How To Calculate Pips For GBPHKD

When trading 1 standard lot, 1 Pip GBP/HKD is equivalent to $1.28 dollars

When transacting one mini lot of GBP HKD, the value of a single Pip is equivalent to $0.128.

When trading 1 micro lot, 1 GBPHKD Pip Count is equivalent to $0.0128 dollars

Calculator for GBP/HKD Pip Value: How to Calculate the Pip Value for GBP HKD - GBP HKD Currency Pair Pips Calculator.

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