Profit Calculator GBP/CAD
Using estimated rate
Calculate profit for GBP/CAD
Inputs
Calculate price difference
1.00250 - 0.99850 = 0.00400
= 40.0 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $5.00
= $5.00
Multiply by pip value
40.0 × $5.00
= $200.00
For GBP/CAD profit calculations: GBP/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 2.5-3.8 pips with good liquidity.
Frequently Asked Questions
How do I calculate profit for a GBP/CAD trade?
For GBP/CAD, profit = (exit price - entry price) × lot size × contract size (100,000). For 4-decimal pairs, divide price difference by 0.0001 to get pips.
How do I convert GBP/CAD profit to my account currency?
If your account is in CAD, profit is already in that currency. Otherwise, convert using the current exchange rate between CAD and your account currency.
Does spread affect my GBP/CAD profit calculation?
Yes, spread reduces profit on GBP/CAD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.