Pair-Specific Forex Tool

GBP/USD Pip Calculator

Calculate the value of one pip and the total pip value for GBP/USD. The calculator opens with GBP/USD selected and keeps lot size, lot type, pips, account currency and conversion rate editable.

Lot size is multiplied by the selected lot type.

No conversion needed: USD is the quote currency and your account currency.

For non-quote account currencies, enter the conversion rate you want to use, or use the optional latest indicative FX rate. Uses latest indicative FX rates. Broker/platform prices may differ.

Pip value per pip: 10.00 USD Total value for selected pips: 100.00 USD Position units: 100,000 Quote-currency pip value: 10.00 USD Pip size used: 0.0001

GBP/USD pip value example

GBP/USD is quoted in USD. For a USD account, 1 standard lot is normally 10 USD per pip because 100,000 units x 0.0001 = 10 USD.

If you enter 30 pips, the total value is 10 USD x 30 = 300 USD before costs.

How this calculation works

For GBP/USD, USD is the quote currency and the typical pip size is 0.0001. Position units = lot size x lot type units. Pip value in quote currency = position units x pip size.

If your account currency is not USD, the calculator uses the conversion rate and direction you enter. Total value = pip value per pip x number of pips.

Related pip calculators

EUR/USD Pip Calculator
AUD/USD Pip Calculator
GBP/JPY Pip Calculator
USD/JPY Pip Calculator
Main Pip Value Calculator

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