Spread Cost Calculator GBP/USD
Calculate spread cost for GBP/USD
Inputs
Get pip value
For {pair}, approximately {value} per standard lot GBP/USD = $7.91
= $7.91
Multiply spread by pip value
1.2 pips × $7.91
= $9.49
When calculating GBP/USD spread costs: 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
What is the typical spread for GBP/USD?
GBP/USD is a major pair with spreads typically ranging from the broker average. Major pairs have tighter spreads, while exotics and commodities have wider spreads.
How does spread cost affect my GBP/USD trades?
Spread is an immediate cost on GBP/USD trades. For 4-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade GBP/USD for lower spreads?
Spreads on GBP/USD are typically lowest during high liquidity periods when both GBP and USD market sessions overlap. Avoid trading during low liquidity or news events.