GBP/USD Pip Value
GBP/USD (Cable) carries a pip value of exactly $10.00 per standard lot for USD-denominated accounts — identical to EUR/USD, since USD is the quote currency. For INR-denominated accounts, multiply by the prevailing USD/INR exchange rate to get your rupee pip value.
| Lot Size | Pip value (USD) | Pip value (INR @ 84.00) |
|---|---|---|
| 0.01 | $0.10 | ₹8.40 |
| 0.10 | $1.00 | ₹84.00 |
| 1.00 | $10.00 | ₹840.00 |
| Instrument class | Major pair |
|---|---|
| One pip | 0.0001 |
| Standard lot | 100,000 GBP |
| Value of one pip per lot | $10.00 |
| Typical spread | 1.5 pips — · FxPro verified |
| Notional value of one lot | — |
| Margin on one lot at 1:30 / 1:100 / 1:500 | — |
The last two rows move with the market and are filled in from the live rate; everything above them is fixed by the contract. Leverage available to you depends on your regulator and account type — check it in the platform before you size a position.
| Currency | Central bank | Policy rate | What moves it |
|---|---|---|---|
| GBP | Bank of England (BoE) | Bank Rate | MPC · CPI · jobs data |
| USD | Federal Reserve (Fed) | Federal funds target range | FOMC · CPI · jobs data |
Spreads are tightest when two sessions are open at once and widest when one desk has gone home and the next has not arrived. The shaded band is the overlap.
GBP/USD for Indian Traders
GBP/USD ranks among the top three most liquid forex pairs worldwide, offering tight spreads — typically 1–1.5 pips — and strong price movement throughout the London session (14:30–23:00 IST). Indian traders following this pair should pay close attention to UK CPI releases (around 14:30 IST) and Bank of England interest rate decisions (typically around 17:30 IST). Growing trade and investment ties between India and the UK, particularly post-Brexit bilateral talks, have kept institutional interest in this pair consistently high among Indian market participants.
Pip values are calculated using live reference exchange rate data. Live BTC/ETH prices from CoinGecko. All values are indicative and for educational purposes only — not live trading quotes. See full pip value table →