Bid and Ask Function

The function of bid and ask is the same as buying or selling, but when it comes to spreads we don't need to observe and study it specifically because it's a normal thing. Indeed, all currency pairs will have a Bid and Ask line.

the function of bid and ask is when we open a position so we know at what price the bid is now and what price it is now to open and exit

this function is actually more about how to show us the function of Bid and ASk for buying and selling usually Bid is for buying ask for selling so it's just that easy actually to understand a function of bid and ASk

In forex trading, the bid and ask function represents the prices at which traders can buy and sell a currency pair. The bid price is the highest price a buyer is willing to pay for a currency, while the ask price is the lowest price a seller is willing to accept. The difference between the bid and ask price is known as the spread, and it represents the transaction cost for the trader. The bid and ask prices are constantly fluctuating due to market demand and supply, and traders can use this information to analyze market sentiment and make informed trading decisions.