Pip

For no JPY forex pairs, 1pip represents the 4th decimal place of the quote. E.g. 0.0001 or 1 pip.
For JPY forex pairs, 1 pip represents the 2nd decimal place of the quote. E.g. 20.45 or 5 pip. Now if we have a JPY pairs that has the value 0.1276. what's the 2nd decimal place in this case. Is it 2?. I find it confusing when I want to calculate ATR. Thanks.

JPY pairs have 2 or 3 decimals depending on Brokers ... but in both cases, your pip is the 2nd digit ... 0.127 ... 2.7 pips or 27 points