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CalcPips

GBPJPY Pip Calculator

Calculate GBPJPY pip value, points, lot size, margin and profit for any account currency.

GBPJPY, often called the guppy, prices the British pound in Japanese yen. It combines a risk-sensitive currency with a safe-haven one, so it reacts to Bank of England and Bank of Japan policy, UK data, global equity moods and yen flows, and it is known for wide daily ranges. Liquidity is thinner in Asia and picks up sharply at the London open, staying high into the New York morning. For the maths, the yen is the quote currency, so a pip is 0.01 and one pip on 1 standard lot equals ¥1,000. To get the value in dollars you divide by USDJPY, not by GBPJPY, which means the dollar pip value changes even when GBPJPY itself has not moved.

GBPJPY Pip Value Calculator

Live ECB reference rate (2026-10-30). Editable.

lots

= 100,000 units

Pip value (USD)$6.36
Point value (0.001 move)
$0.64
Pip value in JPY
¥1,000
Pip size
0.01

How this was calculated

Pip value (JPY) = 1 lots × 100,000 × 0.01 = 1,000 JPY
Converted JPY → USD at ECB rate = $6.36

Currency conversion uses ECB reference rates via Frankfurter, as of 2026-10-30. Results are estimates; check your broker's contract specifications.

GBPJPY pip value by lot size (USD)
LotsPip value10 pips50 pips100 pips
0.01$0.06$0.64$3.18$6.36
0.1$0.64$6.36$31.80$63.59
0.5$3.18$31.80$158.98$317.97
1$6.36$63.59$317.97$635.93
5$31.80$317.97$1,589.83$3,179.65
10$63.59$635.93$3,179.65$6,359.30

GBPJPY contract specification

FieldValue
SymbolGBPJPY
NameBritish Pound / Japanese Yen
Contract size (1 lot)100,000
Pip size0.01
Point size0.001
Digits3
Quote currencyJPY
Pip value per 1 lot¥1,000

GBPJPY pip value by account currency

LotsUSDEURGBPJPY
0.01$0.06€0.06£0.05¥10.00
0.1$0.64€0.57£0.47¥100
1$6.36€5.69£4.75¥1,000
5$31.80€28.46£23.73¥5,000

Per pip (0.01 move). Converted with ECB reference rates as of 2026-10-30; where the account currency is GBP, the pair price 210.698 is used.

GBPJPY money at risk (USD account)

Stop-loss0.01 lot0.1 lot1 lot
10 pips$0.64$6.36$63.59
20 pips$1.27$12.72$127.19
50 pips$3.18$31.80$317.97
100 pips$6.36$63.59$635.93

Stop-loss distance in pips multiplied by the pip value for each position size.

GBPJPY margin for 1 lot (USD account)

LeverageRequired margin
1:30$4,466.30
1:100$1,339.89
1:500$267.98

Price used: 210.698 (ECB reference rate, 2026-10-30).

Calculation notes

  • USD pip value per lot = ¥1,000 ÷ USDJPY; the calculator needs the USDJPY rate as well as the GBPJPY price.
  • Large daily ranges often call for stops of 50–100 pips, so position sizes are usually smaller than on major USD pairs for the same risk.
  • Margin is based on 100,000 GBP, converted into your account currency at the pound's rate.

FAQ

How much is 1 pip on GBPJPY with 1 lot?

Pip value = 100,000 × 0.01 = ¥1,000, then converted at USDJPY. At USDJPY 150 that is ¥1,000 ÷ 150 = $6.67 per pip; the value depends on the USDJPY rate, not on the GBPJPY price.

How much would a 100-pip move on 0.1 lots of GBPJPY be?

0.1 lots × 100,000 × 0.01 = ¥100 per pip, so 100 pips = ¥10,000. At USDJPY 150 that is about $66.67.

Why is GBPJPY called the guppy?

It is trader slang from the letters G-P-J. The nickname reflects its reputation for volatility; the pip maths is the same as any other yen cross.