Profit Calculator GBP/USD
Calculate profit for GBP/USD
Inputs
Calculate price difference
1.26850 - 1.26290 = 0.00560
= 56.0 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $3.95
= $3.95
Multiply by pip value
56.0 × $3.95
= $221.34
For GBP/USD profit 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 do I calculate profit for a GBP/USD trade?
For GBP/USD, 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/USD profit to my account currency?
If your account is in USD, profit is already in that currency. Otherwise, convert using the current exchange rate between USD and your account currency.
Does spread affect my GBP/USD profit calculation?
Yes, spread reduces profit on GBP/USD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.