British Pound / US Dollar
GBP/USD Pip Value
Nicknamed 'Cable', one of the oldest and most-traded currency pairs.
- Base currency
- GBP
- Quote currency
- USD
- Pip size
- 0.0001
- Pip value (standard lot)
- $10.00 (USD account)
How GBP/USD pip value works
pip value (quote currency) = pip size × units traded. GBP/USD uses the standard pip size of 0.0001.
Because the quote currency is USD, pip value converts to your USD account at $10.00 per pip for a standard lot with no extra conversion step.
Frequently asked questions
- What is the pip size for GBPUSD?
- 0.0001 — non-JPY pairs use 0.0001.
- What is the pip value for GBPUSD?
- For a standard lot (100,000 units), $10.00 per pip in a USD account, since the quote currency (USD) is USD.
- What does GBPUSD mean?
- British Pound / US Dollar: the base currency is GBP and the quote (counter) currency is USD. The price shows how many USD it takes to buy 1 GBP.
- What is GBPUSD known for?
- Nicknamed 'Cable', one of the oldest and most-traded currency pairs.
- How do I size a position on GBPUSD?
- Use the lot size calculator with your account risk % and stop-loss in pips — it applies this pair's pip size automatically.
Reference last reviewed 2026-06-01. Pip size and quote/base currency conventions rarely change, but always confirm against your broker's contract specs.