GBP/MYR Currency Exchange


From the chart, apparently with the range of
a) GBP1.00 = RM7.00
b) GBP1.00 = RM6.00
c) GBP1.00 = RM5.00
d) GBP1.00 = RM4.00

We may define it as RM7.00 is the highest, RM6.00 is the medium, RM5.00 is the lowest.
However, one may be interested to define it as follows:
RM6.00 is the highest, RM5.00 is the medium, RM4.00 is the lowest.

Either RM5.00 is the lowest or RM4.00 is the lowest, or wait for RM3.00, at least the chart would show us the concept of  "Buy Low" and "Sell High" with the selection of definition of the Low that we feel LOW. There is no 100% guarantee it is the lowest, and bear in mind "INVESTMENT" does comes along with its partner "RISK", whether the risk is being minimized at the lowest.



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