Pip Calculator EUR/GBP
Using estimated rate
Calculate pip value for EUR/GBP
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) EUR/GBP = 0.0001
= 0.0001
Apply pip value formula
(0.0001 ÷ 0.85800) × 1 × 100,000
= 11.66
For EUR/GBP pip calculations: EUR/GBP uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 1.2-2.0 pips with good liquidity.
Frequently Asked Questions
How many decimal places does EUR/GBP use for pip calculation?
EUR/GBP uses 4-decimal pricing, meaning one pip equals 0.0001. This is standard for minor pairs where the quote currency is GBP.
What is the pip value for 1 standard lot of EUR/GBP?
For 1 standard lot (100,000 units) of EUR/GBP, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does EUR/GBP have different pip decimals than other pairs?
EUR/GBP uses 4-decimal pricing because GBP is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.