Calculate pip value for GBP/USD (Cable). 1 standard lot = $10 per pip. Essential for position sizing on the most volatile major pair. Free GBPUSD pip calculator.
GBP/USD (Cable) is the 3rd most traded pair (~9% of volume). Known for volatile moves during London session, especially on UK economic data (CPI, GDP, BOE rate decisions). Average daily range: 80-150 pips. Brexit-related volatility can create 200+ pip moves. Pip value: $10/pip/lot. Contract: 100,000 units.
Source: BIS Triennial Survey 2023, broker specifications, market analysis.
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