EURGBP Pip Value — Contract Specs & Lot Sizes
One standard lot of EURGBP is 100,000 EUR with a pip size of 0.0001. Pip value per standard lot: 10 GBP.
EURGBP Contract Specifications
| Instrument | EURGBP — Euro / British Pound |
| Contract Size (1 standard lot) | 100,000 EUR |
| Pip Size | 0.0001 |
| Pip Value (1 lot) | 10 GBP |
| USD Equivalent | ≈ $13.40 (varies with GBP/USD rate) |
| Minimum Lot | 0.01 |
| Maximum Lot | 100+ (broker-dependent) |
| Typical Spread | 0.1–0.7 pips raw / 1.0–1.8 pips standard |
| Trading Hours | 24/5, Sunday 21:00 – Friday 22:00 GMT |
| Platform Aliases | EUR/GBP, Chunnel |
EURGBP Pip Value by Lot Size
| Lot Size | Pip Value |
|---|---|
| 0.01 lot | 0.10 GBP |
| 0.10 lot | 1.00 GBP |
| 1.00 lot | 10.00 GBP |
| 10.00 lot | 100.00 GBP |
Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. ≈ $13.40 (varies with GBP/USD rate)
How to Calculate EURGBP Pip Value
Because the quote currency is GBP, the USD value of each pip moves slightly with the GBP/USD exchange rate — ≈ $13.40 (varies with GBP/USD rate). Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).
More EURGBP Resources
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Frequently Asked Questions
What is the pip value of EURGBP?
One pip of EURGBP on a 1.00 standard lot is worth 10 GBP (≈ $13.40 (varies with GBP/USD rate)).
How do I calculate EURGBP pip value?
Multiply pip size by contract size: 0.0001 × 100,000 EUR = 10 GBP per standard lot.
Does the EURGBP pip value change?
The GBP value is constant, but its USD equivalent shifts slightly with the GBP/USD rate.
What is the contract size of EURGBP?
One standard lot is 100,000 EUR. Minimum trade size is 0.01 lots at most brokers.
How many pips does EURGBP move per day?
~23 pips on average (August 2026 window) — low volatility among the 35 instruments in our database.
Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.
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