Two-Way Price, also known as bid-ask or buy-sell price, is a term used in the foreign exchange market (forex) to describe the price at which a currency can be bought or sold. The two-way price consists of two prices: the bid price and the ask price.The bid price is the highest price that a buyer is willing to pay for a currency, while the ask price is the lowest price that a seller is willing to accept for a currency. The difference between the bid and ask price is known as the bid-ask spread.For example, if the bid price for EUR/USD is 1.20 and the ask price is 1.21, this means that a buyer is willing to pay 1.20 US dollars for 1 Euro, while a seller is willing to sell 1 Euro for 1.21 US dollars.In the forex market, prices are quoted in two-way format, meaning that a currency pair is quoted with two different prices: the bid price and the ask price. The bid price is the price at which the market maker is willing to buy the base currency and the ask price is the price at which the market maker is willing to sell the base currency.In summary, Two-way price, also known as bid-ask or buy-sell price is used in the forex market to describe the price at which a currency can be bought or sold, it consists of two prices: the bid price (highest price a buyer is willing to pay for a currency) and the ask price (lowest price a seller is willing to accept for a currency), and the difference between the bid and ask price is known as the bid-ask spread.