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Cross pair pip value

GBPJPY, EURGBP and the other crosses are priced in a currency that is not your own. See what one pip is worth at your size, in your money.

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Your size

0.01 is a micro lot, 0.1 a mini lot, 1 a standard lot.
Your stop or your target, in pips.
Empty: an example, 150. Type today's for the exact value.
EURUSD for a euro account, GBPUSD for pounds. Leave it empty for a typical rate; ignored for US dollars.

What a pip is worth

One pip on GBPJPY at 1 lot is $6.67 (1,000 JPY at USDJPY 150). A 20-pip move is $133.33.

Why it moves
A pip on GBPJPY is a fixed 1,000 JPY at this size. Its value in your money changes with USDJPY: check it on the day.

Every cross at 1 lot, at example dollar rates except the one you typed.

PairOne pipIn USD
EURGBP10 GBP$13.00
EURJPY1,000 JPY$6.67
GBPJPY1,000 JPY$6.67
AUDJPY1,000 JPY$6.67
CADJPY1,000 JPY$6.67
CHFJPY1,000 JPY$6.67
NZDJPY1,000 JPY$6.67
EURCHF10 CHF$12.50
GBPCHF10 CHF$12.50
EURAUD10 AUD$6.50
GBPAUD10 AUD$6.50
EURCAD10 CAD$7.25
AUDCAD10 CAD$7.25
AUDNZD10 NZD$5.80

100,000 units a lot and a pip of 0.0001 (0.01 on the yen crosses), as most MetaTrader brokers count. The dollar pairs are on the pip value calculator.

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning

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A cross is priced in its second currency

On GBPJPY the price says how many yen one pound buys, so a move of one pip, 0.01, is 1,000 yen on a standard lot. In dollars that is 1,000 divided by USDJPY: about 6.67 at 150. On EURGBP a pip is 10 pounds a lot, about 13 dollars when the pound is at 1.30. The yen crosses also move a lot in pips, so the same stop in pips is a much bigger stop in money than on EURUSD. Size it from the stop with the position size calculator.

Not advice. The answer is arithmetic on the numbers you type; your broker's contract specification decides.

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