Pip Calculator GBP/USD
Calculate pip value for GBP/USD
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) GBP/USD = 0.0001
= 0.0001
Apply pip value formula
(0.0001 ÷ 1.26500) × 1 × 100,000
= 7.91
For GBP/USD pip calculations: GBP/USD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 0.9-1.5 pips with high liquidity across all sessions.
Frequently Asked Questions
How many decimal places does GBP/USD use for pip calculation?
GBP/USD uses 4-decimal pricing, meaning one pip equals 0.0001. This is standard for major pairs where the quote currency is USD.
What is the pip value for 1 standard lot of GBP/USD?
For 1 standard lot (100,000 units) of GBP/USD, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does GBP/USD have different pip decimals than other pairs?
GBP/USD uses 4-decimal pricing because USD is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.