Trading Tools

EUR/GBP Pip Value Calculator

See what one pip on EUR/GBP is worth in US dollars for any position size. The calculator is preloaded with EUR/GBP.

Parameters

Enter your trade details below

1 pip = 0.0001 · 1 standard lot = 100,000 units

lots

In standard lots: 0.10 is a mini lot, 0.01 a micro lot

GBP/USD

Converts the GBP pip value into US dollars. Enter the current rate from your platform; the default is an example rate.

Results

Value of a one-pip move on EUR/GBP, in USD

Per pip on 1.00 lots

$12.70per pip

Standard

$12.70

1.00

Mini

$1.27

0.10

Micro

$0.13

0.01

Formula

How the result is calculated

1

Pip value in the quote currency

Pip Size × Contract Size

0.0001 × 100,000 = 10 GBP

2

Convert to US dollars

Multiply by the GBP/USD rate

0.0001 × 100,000 × 1.2700 = $12.70

3

Scale to your position

Pip Value per Lot × Lots

$12.70 × 1.00 = $12.70

How pip value is calculated for EUR/GBP

EUR/GBP is a cross: neither currency is the US dollar. One pip on a standard lot is worth 0.0001 × 100,000 = 10 GBP, converted to US dollars by multiplying by the GBP/USD rate. At GBP/USD 1.2700 that is $12.70. The pip value moves with GBP/USD, not with the EUR/GBP price.

Worked example

Holding 1 standard lot of EUR/GBP: Assumes GBP/USD at 1.2700, an example rate.

0.0001 × 100,000 × 1.2700 = $12.70

One pip is worth $12.70. A 30-pip move is worth $381.00 on one lot, $38.10 on a mini lot and $3.81 on a micro lot.

These are the calculator's default inputs above, so its result matches.

Pip value calculator by instrument

For educational purposes only. Not financial advice. Pip values depend on live exchange rates and on your broker's contract specifications; always verify on your platform before trading. Trading forex and CFDs involves significant risk of loss.

Learn the strategy

Related lessons

The lessons behind the numbers: pips, lots and position sizing.

Unlock all lessons — $9.99/mo

163 lessons · 18 sections · Cancel anytime