GBPJPY Pip Value in USD
On a $10,000.00 account, risking 2% ($200.00) with a stop of 20 pips, GBPJPY sizes to 1.58 lots. One pip on 1.00 lot is $6.3167. The loss at that rounded size is $199.6084, with no spread and no commission.
GBPJPY is quoted in yen. One pip is 0.01 yen on a 100,000 unit contract. In dollars that pip is worth the same as a USDJPY pip at the same USD/JPY rate, because the quote currency sets the conversion, not the pound. At the bundled rate, 1.00 lot is $6.3167 per pip. A GBPJPY lot-size page uses wider stops than this pip-value page.
GBPJPY contract: 100,000 units per 1.00 lot. 1 pip = 0.01. A 0.01 lot is $0.0632 per pip, a 0.10 lot is $0.6317, and 1.00 lot is $6.3167. Values in USD use USD/JPY 158.31 on 2026-10-15. Minimum lot 0.01, step 0.01. The lot rounds down, so the loss at the stop stays at or under the risk when spread and commission are left at zero.
The risk table for GBPJPY uses stops of 20, 45, 90 pips. On $10,000.00 at 2% those three stops size 1.58 lots, $199.6084 at the stop; 0.70 lots, $198.9767 at the stop; 0.35 lots, $198.9767 at the stop.
| Spec | GBPJPY |
|---|---|
| Contract size | 100,000 units per 1.00 lot. |
| Pip definition | 1 pip = 0.01 |
| Value of 0.01 lot per pip | $0.0632 |
| Value of 0.10 lot per pip | $0.6317 |
| Value of 1.00 lot per pip | $6.3167 |
| Minimum lot | 0.01 |
| Lot step | 0.01 |
| USD rate used for this table | USD/JPY 158.31 on 2026-10-15 |
| GBPJPY | Account | Risk | 20 pips | 45 pips | 90 pips |
|---|---|---|---|---|---|
| GBPJPY | $5,000.00 | 0.5% ($25.00) | 0.19 lots, $24.0035 at the stop | 0.08 lots, $22.7402 at the stop | 0.04 lots, $22.7402 at the stop |
| GBPJPY | $5,000.00 | 1% ($50.00) | 0.39 lots, $49.2704 at the stop | 0.17 lots, $48.3229 at the stop | 0.08 lots, $45.4804 at the stop |
| GBPJPY | $5,000.00 | 2% ($100.00) | 0.79 lots, $99.8042 at the stop | 0.35 lots, $99.4883 at the stop | 0.17 lots, $96.6458 at the stop |
| GBPJPY | $10,000.00 | 0.5% ($50.00) | 0.39 lots, $49.2704 at the stop | 0.17 lots, $48.3229 at the stop | 0.08 lots, $45.4804 at the stop |
| GBPJPY | $10,000.00 | 1% ($100.00) | 0.79 lots, $99.8042 at the stop | 0.35 lots, $99.4883 at the stop | 0.17 lots, $96.6458 at the stop |
| GBPJPY | $10,000.00 | 2% ($200.00) | 1.58 lots, $199.6084 at the stop | 0.70 lots, $198.9767 at the stop | 0.35 lots, $198.9767 at the stop |
| GBPJPY | $25,000.00 | 0.5% ($125.00) | 0.98 lots, $123.8077 at the stop | 0.43 lots, $122.2285 at the stop | 0.21 lots, $119.386 at the stop |
| GBPJPY | $25,000.00 | 1% ($250.00) | 1.97 lots, $248.8788 at the stop | 0.87 lots, $247.2996 at the stop | 0.43 lots, $244.4571 at the stop |
| GBPJPY | $25,000.00 | 2% ($500.00) | 3.95 lots, $499.0209 at the stop | 1.75 lots, $497.4417 at the stop | 0.87 lots, $494.5992 at the stop |
| GBPJPY | $50,000.00 | 0.5% ($250.00) | 1.97 lots, $248.8788 at the stop | 0.87 lots, $247.2996 at the stop | 0.43 lots, $244.4571 at the stop |
| GBPJPY | $50,000.00 | 1% ($500.00) | 3.95 lots, $499.0209 at the stop | 1.75 lots, $497.4417 at the stop | 0.87 lots, $494.5992 at the stop |
| GBPJPY | $50,000.00 | 2% ($1,000.00) | 7.91 lots, $999.3052 at the stop | 3.51 lots, $997.726 at the stop | 1.75 lots, $994.8835 at the stop |
| GBPJPY | $100,000.00 | 0.5% ($500.00) | 3.95 lots, $499.0209 at the stop | 1.75 lots, $497.4417 at the stop | 0.87 lots, $494.5992 at the stop |
| GBPJPY | $100,000.00 | 1% ($1,000.00) | 7.91 lots, $999.3052 at the stop | 3.51 lots, $997.726 at the stop | 1.75 lots, $994.8835 at the stop |
| GBPJPY | $100,000.00 | 2% ($2,000.00) | 15.83 lots, $1,999.8737 at the stop | 7.03 lots, $1,998.2945 at the stop | 3.51 lots, $1,995.452 at the stop |
Questions
What is the GBPJPY pip value in USD?
$6.3167 per pip on 1.00 lot at USD/JPY 158.31 on 2026-10-15. A 0.01 lot is $0.0632. A 0.10 lot is $0.6317.
Why does GBPJPY use the USDJPY rate?
The pip is 0.01 yen. Yen have to be converted to USD. The pound price does not set that conversion.
Is GBPJPY pip value the same as USDJPY?
Yes, at the same USD/JPY rate and the same 100,000 unit contract. The pages still differ because the stops and the worked balances are not the same.
What lot does a 20 pip GBPJPY stop take at 2% of $10,000?
1.58 lots, losing $199.6084 at the stop after rounding down. Spread is not included.