The Formula for calculating Spreads is: Ask - Bid = Spread
For example:
If the Bid is 1.16050 and the Ask is 1.16080:
1.16080 – 1.16050 = 0.00030
The spread here is 3 pips.
The Formula for calculating Spreads is: Ask - Bid = Spread
For example:
If the Bid is 1.16050 and the Ask is 1.16080:
1.16080 – 1.16050 = 0.00030
The spread here is 3 pips.