EUR/GBP pip value
One pip of EUR/GBP is about $13.37 for a standard lot in a USD account. See it for every lot size and account currency, try your own numbers, and learn how the value is worked out.
Your numbers
Find out what one is worth in your own money.
The currency your trading account is held in, so the answer is in your own money.
Trade size in . 1 standard lot is 100,000 units, a mini lot is 0.1 and a micro lot is 0.01.
+Exchange rate (already filled in)
The exchange rate is pre-filled from the ECB reference rate for 2026-10-23. It is a daily rate for information only, so your broker's price will differ a little. Replace it with the current one from your platform for an exact result.
Your answer
One pip on a position of 1 standard lot of EUR/GBP is worth $13.37 in your USD account. If the price moves 10 pips, you gain or lose $133.68.
£10.00 in GBP, converted to USD.
- Per pipette (0.1 pip)
- $1.34
- Size of one pip
- 0.0001
- Trade size (units)
- 100,000
- A 10 pip move
- $133.68
+Show the working
- Position size in units = 1 standard lot × 100,000 = 100,000 units.
- Pip value in GBP = 100,000 units × 0.0001 (the size of a pip) = 10 GBP.
- Converted to USD at 1.336829 USD per GBP: 10 × 1.336829 = $13.37.
- A pipette is a tenth of a pip: $13.37 ÷ 10 = $1.34.
EUR/GBP live price
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For information only, not financial advice. Trading carries a high risk of loss. Results depend on the values you enter and on your broker's contract specifications. Risk disclosure
What is a pip on EUR/GBP?
A pip is the standard small step in a forex price. On EUR/GBP it is 0.0001, the fourth decimal place. If the price moves from 0.8373 to 0.8374, it has moved one pip. Most brokers quote one more digit, a pipette, which is a tenth of a pip.
Pip value of EUR/GBP by lot size
For one standard lot the pip value in GBP is 100,000 units × 0.0001 = 10 GBP. The quote currency is the British pound, so in a USD account it is converted at about 1.336829 US dollars per GBP: 10 GBP is about $13.37. Because that conversion rate moves, the pip value of EUR/GBP in dollars moves with it.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) | Exchange rate used |
|---|---|---|---|---|
| USD | $13.37 | $1.34 | $0.1337 | 1.336829 |
| EUR | €11.94 | €1.19 | €0.1194 | 0.8373 |
| GBP | £10.00 | £1.00 | £0.10 | none needed |
| CAD | CA$18.71 | CA$1.87 | CA$0.1871 | 1.870939 |
| AUD | A$19.04 | A$1.90 | A$0.1904 | 1.903664 |
| NZD | NZ$23.51 | NZ$2.35 | NZ$0.2351 | 2.350707 |
| CHF | CHF 11.02 | CHF 1.10 | CHF 0.1102 | 1.102021 |
| JPY | ¥2,096.19 | ¥209.62 | ¥20.96 | 209.619243 |
What a move in EUR/GBP is worth
The table shows the profit or loss, in a US dollar account, from a move of the given number of pips in your favour or against you. Multiply a pip value by the number of pips to get the result.
| Move | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) |
|---|---|---|---|
| 10 pips | $133.68 | $13.37 | $1.34 |
| 25 pips | $334.21 | $33.42 | $3.34 |
| 50 pips | $668.41 | $66.84 | $6.68 |
| 100 pips | $1,336.83 | $133.68 | $13.37 |
Sizing a trade on EUR/GBP
The pip value is what turns a stop-loss in pips into a position size. Divide the amount you are willing to lose by the stop in pips times the pip value of one lot. With $13.37 per pip for a standard lot in a USD account:
- Risking $100.00 with a 20 pip stop-loss: $100.00 ÷ (20 pips × $13.37) = about 0.37 standard lots.
- Risking $250.00 with a 35 pip stop-loss: $250.00 ÷ (35 pips × $13.37) = about 0.53 standard lots.
- Risking $500.00 with a 50 pip stop-loss: $500.00 ÷ (50 pips × $13.37) = about 0.75 standard lots.
Round the result down to a lot size your broker allows, usually 0.01. The position size calculator does this for any pair, risk amount and account currency.
About EUR/GBP
EUR/GBP shows how many British pounds one euro buys. The EUR is the currency of the euro area, whose central bank is the European Central Bank. The GBP is the currency of the United Kingdom, whose central bank is the Bank of England. It is a cross or minor pair, which does not include the US dollar. Both currencies belong to the London trading session (about 08:00 to 17:00 UTC), so the pair is usually most active then.
Things to check with your broker
- The size of one lot. This page uses 100,000 EUR units for a standard lot, which is the usual size but not universal.
- How the broker defines a pip. The pip value on your platform's contract specification always overrules this page.
- The exchange rate the platform uses to convert to your account currency. It is the rate at the time of the trade, not the rounded one shown here.
- Costs. The pip value is only a distance in money. Spreads, commissions and overnight swaps come on top and are not included.
Numbers on this page use the European Central Bank's euro reference rates for 2026-10-23 (source: ECB statistics). They are for information only: your broker's own rates and contract specification decide the real figure.
Frequently asked questions
+What is the pip value of EUR/GBP?
For one standard lot, one pip of EUR/GBP is worth about $13.37 in a USD account. A mini lot is about $1.34 and a micro lot about $0.1337. The value changes a little as the exchange rate moves.
+How much is 10 pips worth on EUR/GBP?
Ten pips on one standard lot is about $133.68 in a USD account, $13.37 on a mini lot and $1.34 on a micro lot.
+How big is a pip on EUR/GBP?
A pip on EUR/GBP is 0.0001. It is the fourth decimal place. A tenth of a pip is called a pipette.
+Why does the pip value of EUR/GBP change?
The pip is worth a fixed amount of GBP, and that amount is converted into your account currency at the current exchange rate. When the rate moves, the pip value in your account currency moves with it.
+What is the pip value of EUR/GBP in a euro account?
For one standard lot it is about €11.94 at the rates used on this page. It is the dollar-based value converted at the euro exchange rate.
+How many lots should I trade on EUR/GBP?
It depends on how much you are willing to lose and how many pips away your stop-loss is. For example, risking $100.00 with a 20 pip stop is about 0.37 standard lots. Use the position size calculator to work it out for your own numbers.