GBPUSD is a major currency pair already quoted in USD, so its pip values come out in dollars with no extra conversion step. This page turns your account risk and stop-loss distance into a lot size, and shows what one pip is worth for a standard, mini, and micro lot. Use the same inputs to check the margin a trade ties up and the overnight swap charge before you open a position.
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Calculator
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Enter your numbers above.
What a move is worth on GBPUSD
Lot size
1 pip
10 pips
30 pips
50 pips
100 pips
500 pips
Standard · 1.0
$10.00
$100.00
$300.00
$500.00
$1,000.00
$5,000.00
Mini · 0.1
$1.00
$10.00
$30.00
$50.00
$100.00
$500.00
Micro · 0.01
$0.10
$1.00
$3.00
$5.00
$10.00
$50.00
Value in USD per position at the current rate — counts are in pips. Change your lot size or stop distance in the calculator above to match a real trade.
One pip on GBPUSD works out as 0.0001 × 100,000 GBP, already in US dollars. The table just multiplies that by your lot size and pip count.
How to use it
Enter your account balance and the amount or percentage you're willing to risk on the trade.
Enter your stop-loss distance in pips.
The calculator returns the position size in lots and GBP, along with the dollar value of one pip at that size.
Check the margin and swap figures shown before you size up or hold the position overnight.
GBPUSD contract specification
Symbol
GBPUSD
Asset class
Major currency pair
1 pip
0.0001
Contract size (1 standard lot)
100,000 GBP
Quote currency
USD
Pip value — Standard lot (1.0)
$10.00
Pip value — Mini lot (0.1)
$1.00
Pip value — Micro lot (0.01)
$0.10
Swap (long, per lot per night)
-3.7 points = -$3.70
Swap (short, per lot per night)
-4.1 points = -$4.10
Swap data source
XM MT5, 2026-09-05
Points per pip
10
All figures on this page are quoted directly in US dollars, so no exchange rate is involved.
Trading GBPUSD
Spread and swap differ by broker, which changes what a position actually costs you.
For a standard lot of 100,000 GBP, one pip is worth $10.00. A mini lot (0.1) is worth $1.00 per pip, and a micro lot (0.01) is worth $0.10 per pip — the price increment itself is 0.0001.
What is the pip value for a 0.01 lot GBPUSD position?
A 0.01 lot is a micro lot, so each pip of movement is worth $0.10. Multiply that by however many pips the price moves to get the dollar change on that position.
How do I calculate GBPUSD position size?
Divide the dollar amount you're risking by your stop-loss distance in pips multiplied by the pip value per lot. The calculator on this page does that arithmetic for you and returns a lot size in GBP.
What margin does GBPUSD require?
Margin depends on your broker's leverage and the contract size of 100,000 GBP per standard lot. Enter your leverage into the calculator to see the dollar amount a given lot size ties up, then confirm the figure against your own broker's contract spec.
What are GBPUSD swap rates?
XM MT5, 2026-09-05 shows a long swap of -3.7 points (-$3.70 per standard lot per night) and a short swap of -4.1 points (-$4.10). Swap is set by each broker and changes daily, so check your own broker's contract spec rather than treating this as a standard rate.
Does this calculator predict profit on a GBPUSD trade?
No. It multiplies the pip value by the number of pips you enter, so you can see what a given price move would be worth in dollars. It does not forecast where the price will go.