Position Size Calculator GBP/USD
Calculate position size for GBP/USD
Inputs
Calculate risk amount
$5,000 × 2% = $100
= $100
Calculate max loss per lot
30 pips × $7.91 = $237.15 per lot
= $237.15
Divide risk by loss per lot
$100 ÷ $237.15
= 0.42
When sizing GBP/USD positions: 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 do I calculate position size for GBP/USD based on risk?
For GBP/USD, divide your dollar risk (account × risk%) by (stop loss pips × pip value). This gives you the exact position size that risks only your specified percentage.
What risk percentage should I use for GBP/USD trades?
Professional traders typically risk 1-2% per trade on GBP/USD. As a major pair, GBP/USD has moderate volatility, so adjust risk accordingly.
Can I use the same position size for all GBP/USD trades?
No, position size should vary based on stop loss distance. Wider stops on GBP/USD require smaller position sizes to maintain consistent risk.