Stop Loss & Take Profit Calculator GBP/USD
Calculate stop loss for GBP/USD
Inputs
Calculate pips to stop loss
$150 ÷ $2.37 = 63.3 pips
= 63.3 pips
Calculate stop loss price
1.26500 - (63.3 × 0.0001)
= 1.25867
Calculate take profit (1:${slcTpRatio})
1.26500 + (63.3 × 2 × 0.0001)
= 1.27765
For GBP/USD stop loss 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
Where should I place my stop loss for GBP/USD?
Stop loss placement for GBP/USD should be based on technical levels (support/resistance), ATR-based volatility, or a fixed pip distance. Use this calculator to see the price level.
How many pips should my stop loss be for GBP/USD?
Stop loss distance for GBP/USD varies by strategy and timeframe. Scalpers may use 10-20 pips, day traders 30-50 pips, and swing traders 100+ pips on this major pair.
Should I use a tight or wide stop for GBP/USD?
For GBP/USD, consider its typical volatility and spread. Tight stops may get hit by normal price fluctuations. The stop should be beyond market noise but within your risk tolerance.