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GBP/JPY Pip Value Calculator (2026)

Calculate the exact USD value of one pip for any lot size. Pre-loaded for British Pound / Japanese Yen.

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Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

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Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$6.34

per 1-pip move

Pip size

0.01

Units

100,000 GBP

$/pip per lot

$6.34

Spread Cost

−$7.61

per trade (1.2 pip spread × 1.00 lots). Paid once: you buy at the ask and close at the bid — not again on exit.

Pip Value by Lot Size — GBP/JPY

Lots	Type	Units	$/pip
0.01	Micro	1,000 GBP	$0.06
0.10	Mini	10,000 GBP	$0.63
0.50	½ Std	50,000 GBP	$3.17
1.00← current	Std	100,000 GBP	$6.34

Click any row to select that lot size

GBP/JPY — Typical Daily Range

Very High

ATR (20-day)

~130 pips

≈ $824.61 at 1.00 lots

Day Trade SL

33–52 pips

25–40% of ATR

Swing SL

65–98 pips

50–75% of ATR

One of the most volatile pairs. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — GBP/JPY · 1.00 lots (round-trip)

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	0.3 pip + $3.50/lot/side	−$8.59	✓ cheapest
STP / Zero Comm Good for low-frequency traders	2.8 pip	−$17.44	+$8.86
Market Maker Convenient, wider spread	4.3 pip	−$26.96	+$18.37
High-cost MM Avoid for frequent trading	6.3 pip	−$39.64	+$31.06

Indicative typical spreads. Round-trip cost = spread (paid once) + commission on both sides. Actual rates vary by broker and market conditions.

Pip Value Across All Pairs — 1.00 lots

Sorted by pip value descending. Click any row to select that pair. ECN commission = $3.50/lot.

Formula: pip size × contract size × lots × USD conversion rate

GBP/JPY at a glance

Pip Size

0.01

Pip Value (1 lot)

$6.34

Avg Spread

1.5–3.5 pips

Active Session

Tokyo, London

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Balance & risk are remembered on this device ·

Featured

Deriv

4.0

Open Account

Capital at risk · T&Cs apply

Pip Value Calculator Formula

Pip Value = Pip Size × Contract Size × Lots × USD Rate

Example (GBP/JPY): 1 lot: 0.01 × 100,000 ÷ 157.65 (JPY→USD) = $6.34 per pip

About GBP/JPY — British Pound / Japanese Yen

GBP/JPY is one of the most volatile major cross pairs, often moving 100–200 pips per day. It combines the high-beta pound with the safe-haven yen, amplifying directional moves. The pair requires wider stops due to its volatility and is popular with experienced traders seeking large moves.

Other Calculators for GBP/JPY

GBP/JPY Position Size GBP/JPY Margin GBP/JPY P&L GBP/JPY Risk/Reward

Pip Value Calculator for Other Pairs

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