Stop Loss & Take Profit Calculator EUR/GBP
Using estimated rate
Calculate stop loss for EUR/GBP
Inputs
Calculate pips to stop loss
$150 ÷ $3.50 = 42.9 pips
= 42.9 pips
Calculate stop loss price
0.85800 - (42.9 × 0.0001)
= 0.85371
Calculate take profit (1:${slcTpRatio})
0.85800 + (42.9 × 2 × 0.0001)
= 0.86658
For EUR/GBP stop loss 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
Where should I place my stop loss for EUR/GBP?
Stop loss placement for EUR/GBP should be based on technical levels (support/resistance), ATR-based volatility, or a fixed pip distance. Use this calculator to see the price level.
How many pips should my stop loss be for EUR/GBP?
Stop loss distance for EUR/GBP varies by strategy and timeframe. Scalpers may use 10-20 pips, day traders 30-50 pips, and swing traders 100+ pips on this minor pair.
Should I use a tight or wide stop for EUR/GBP?
For EUR/GBP, consider its typical volatility and spread. Tight stops may get hit by normal price fluctuations. The stop should be beyond market noise but within your risk tolerance.